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Condensed Balance Sheets (USD $)
Mar. 31, 2013
Dec. 31, 2012
CURRENT ASSETS    
Cash and cash equivalents $ 29,388,772 $ 34,794,341
Restricted cash 2,260,100  
Prepaid expenses and other assets 277,874 378,803
TOTAL CURRENT ASSETS 31,926,746 35,173,144
PROPERTY AND EQUIPMENT, NET   166,386
OTHER ASSETS    
Investments 3,413,762 3,413,762
Deposits 15,878 15,878
TOTAL ASSETS 35,356,386 38,769,170
CURRENT LIABILITIES    
Accounts payable 164,352 1,128,644
Accrued compensation 879,385 1,078,683
Other accrued expenses 112,784 502,452
Current portion of convertible senior notes 8,169,215 7,883,886
TOTAL LIABILITIES 9,325,736 10,593,665
Capital stock    
Capital stock 273,278,186 273,132,392
Accumulated deficit (247,247,536) (244,956,887)
TOTAL STOCKHOLDERS' EQUITY 26,030,650 28,175,505
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 35,356,386 38,769,170
Class C special stock
   
Capital stock    
Capital stock 391 391
Common stock
   
Capital stock    
Capital stock $ 273,277,795 $ 273,132,001