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BALANCE SHEETS (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 4,677,956 $ 7,109,215
Other current assets 1,005,756 124,773
Total current assets 5,683,712 7,233,988
Property & equipment, net of accumulated depreciation of $1,260,334 and $1,193,601, respectively 1,390,674 1,029,236
Total assets 7,074,386 8,263,224
Current liabilities:    
Accounts payable 1,681,799 476,315
Accounts payable - related parties 15,000 15,000
Accrued expenses 350,802 576,545
Total current liabilities 2,047,601 1,067,860
Total liabilities 2,047,601 1,067,860
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 shares issued and outstanding 230,485 230,485
Additional paid in capital 107,851,086 107,645,666
Deficit accumulated during the development stage (103,054,786) (100,680,787)
Total stockholders' equity 5,026,785 7,195,364
Total liabilities and stockholders' equity $ 7,074,386 $ 8,263,224