XML 24 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
STATEMENTS OF EXPENSES (USD $)
12 Months Ended 107 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Research and development $ 3,340,038 $ 2,584,734 $ 70,178,875
General and administrative 2,406,269 2,216,043 27,609,075
Depreciation 210,252 168,843 1,346,481
Loss on disposal of fixed assets 9,686 459 510,248
Operating loss (5,966,245) (4,970,079) (99,644,679)
Interest income 932 1,660 1,358,417
Other income and expense, net     661,146
Gain on extinguishment of debt     1,612,440
Gain (loss) on derivative instruments     1,388,848
Gain on sale of technology     3,000,000
Interest expense (3,135) (500,648) (9,056,959)
Net loss $ (5,968,448) $ (5,469,067) $ (100,680,787)
Basic and diluted loss per share $ (0.26) $ (0.32)  
Weighted average shares outstanding 22,532,498 17,071,691