Condensed Balance Sheets (USD $)	Sep. 30, 2011	Dec. 31, 2010
Current Assets:
Cash and cash equivalents	$ 16,999,279	$ 30,520,812	[1]
Prepaid expenses and other current assets	859,708	523,672	[1]
Total Current Assets	17,858,987	31,044,484	[1]
Property and equipment, net	1,725,615	2,073,602	[1]
Patents and trademarks, net	62,183	71,108	[1]
Deferred financing costs	62,391	62,391	[1]
Other assets	586,498	337,705	[1]
Total Assets	20,295,674	33,589,290	[1]
Current Liabilities:
Accounts payable	629,996	1,096,505	[1]
Accrued expenses (includes related parties of $3,755 as of September 30, 2011)	659,842	559,975	[1]
Other current liabilities	28,250	29,538	[1]
Total Current Liabilities	1,318,088	1,686,018	[1]
Long Term Liabilities:
Deferred rent	129,738	104,304	[1]
Total Long Term Liabilities	129,738	104,304	[1]
Total Liabilities	1,447,826	1,790,322	[1]
COMMITMENTS, CONTINGENCIES and LITIGATION (Note 6)			[1]
Stockholders' Equity
Preferred stock - $.10 par value; authorized 10,000,000 shares; issued and outstanding: none			[1]
Common stock - $.001 par value; authorized 45,000,000 shares; issued and outstanding 25,262,538 shares at September 30, 2011 and December 31, 2010	25,263	25,263	[1]
Additional paid-in capital	133,827,586	130,916,326	[1]
Accumulated deficit	(115,005,001)	(99,142,621)	[1]
Total Stockholders' Equity	18,847,848	31,798,968	[1]
Total Liabilities and Stockholders' Equity	$ 20,295,674	$ 33,589,290	[1]

[1] Derived from the audited balance sheet as of December 31, 2010