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Consolidated Balance Sheets (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 16,214,690 $ 23,644,542
Other current assets 1,481,526 1,122,576
Total current assets 17,696,216 24,767,118
Property & equipment, net of accumulated depreciation of $1,905,854 and $1,718,477, respectively 1,234,826 1,295,024
Other long-term assets 162,045 177,666
Total assets 19,093,087 26,239,808
Current liabilities:    
Accounts payable 835,570 696,155
Accrued expenses 1,627,271 1,232,990
Deferred revenue 1,230,746 1,395,348
Total current liabilities 3,693,587 3,324,493
Long term liabilities:    
Deferred revenue, net of current portion 1,846,120 2,338,041
Total liabilities 5,539,707 5,662,534
Commitments and contingencies 0 0
Stockholders' equity:    
Preferred stock, no par value, 10,000,000 shares authorized, none issued and outstanding 0 0
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 147,363,541 146,569,758
Deficit accumulated during the development stage (134,086,778) (126,267,945)
Total stockholders' equity 13,553,380 20,577,274
Total liabilities and stockholders' equity $ 19,093,087 $ 26,239,808