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Consolidated Balance Sheets (USD $)
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 19,659,525 $ 23,644,542
Other current assets 1,565,648 1,122,576
Total current assets 21,225,173 24,767,118
Property & equipment, net of accumulated depreciation of $1,807,196 and $1,718,477, respectively 1,289,623 1,295,024
Other long-term assets 166,649 177,666
Total assets 22,681,445 26,239,808
Current liabilities:    
Accounts payable 715,319 696,155
Accrued expenses 1,228,667 1,232,990
Deferred revenue 1,395,348 1,395,348
Total current liabilities 3,339,334 3,324,493
Long term liabilities:    
Deferred revenue, net of current portion 1,989,204 2,338,041
Total liabilities 5,328,538 5,662,534
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, 27,661,675 and 27,546,058 shares issued and outstanding 276,617 275,461
Additional paid in capital 146,999,809 146,569,758
Deficit accumulated during the development stage (129,923,519) (126,267,945)
Total stockholders' equity 17,352,907 20,577,274
Total liabilities and stockholders' equity $ 22,681,445 $ 26,239,808