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Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUE      
Licensing revenue $ 1,750,000 $ 100,000 $ 115,807
Grant revenue     51,870
Royalty revenue 550,736 335,160 2,306,560
Total revenue 2,300,736 435,160 2,474,237
EXPENSES      
Research and development 16,888,849 44,182,260 39,705,502
General and administration 8,229,523 6,981,490 5,940,360
Licensing expense 95,000 50,000 268,750
Depreciation and amortization 258,946 148,240 167,986
Total expenses 25,472,318 51,361,990 46,082,598
OTHER      
Convertible note fair value adjustment (4,328,468) (23,427) (1,870,916)
Investment impairment charge     (286,000)
Interest expense (348,019) (681,573) (688,083)
Other income   15,000 244,479
Interest income 8,539 8,326 12,665
LOSS BEFORE INCOME TAX BENEFIT (27,839,530) (51,608,504) (46,196,216)
Income tax benefit 121,791    
NET LOSS $ (27,717,739) $ (51,608,504) $ (46,196,216)
Loss per common share:      
Basic (in dollars per share) $ (1.27) $ (3.15) $ (4.21)
Diluted (in dollars per share) $ (1.27) $ (3.15) $ (4.21)
Weighted average number of common and common equivalent shares outstanding:      
Basic (in shares) 21,757,906 16,397,618 10,985,291
Diluted (in shares) 21,757,906 16,397,618 10,985,291