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BALANCE SHEETS (USD $)
Sep. 30, 2011
Dec. 31, 2010
Current assets:  
Cash and cash equivalents$ 8,639,856$ 3,812,535
Other current assets105,64585,525
Total current assets8,745,5013,898,060
Property & equipment, net of accumulated depreciation of $1,222,758 and $1,109,558, respectively953,219815,958
Total assets9,698,7204,714,018
Current liabilities:  
Accounts payable429,565358,837
Accounts payable - related parties15,00015,000
Accrued expenses285,885335,861
Current maturity of loan payable 35,607
Total current liabilities730,450745,305
Commitments and contingencies  
Stockholders' equity:  
Preferred stock, no par value, 10,000,000 shares authorized, none issued and outstanding  
Common stock, $0.01 par value, 100,000,000 shares authorized, 23,048,488 and 18,466,924 shares issued and outstanding230,485184,670
Additional paid in capital107,541,56398,496,382
Deficit accumulated during the development stage(98,803,778)(94,712,339)
Total stockholders' equity8,968,2703,968,713
Total liabilities and stockholders' equity$ 9,698,720$ 4,714,018