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Consolidated Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 10,750,205 $ 18,208,659
Accounts receivable 101,132 633,216
Prepaid expenses and other current assets 229,886 236,112
Total current assets 11,081,223 19,077,987
Equipment, net 3,288,108 3,424,869
Goodwill 2,715,000 2,715,000
Other intangible assets:    
Licenses 1,900,000 1,900,000
Acquired product rights 8,000,000 8,000,000
Accumulated amortization (3,749,637) (2,858,657)
Total other intangible assets 6,150,363 7,041,343
Derivative asset, warrant 388,540 1,299,031
Other assets 21,976 21,976
Total assets 23,645,210 33,580,206
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable and accrued liabilities 5,090,795 4,656,295
Deferred revenue, current 12,507,471 12,491,907
Derivative liabilities (note 7) 279,302 4,989,993
Total current liabilities 17,877,568 22,138,195
Deferred revenue, long-term 1,647,249 1,655,681
Total liabilities 19,524,817 23,793,876
Commitments and contingencies (Notes 6, 7 and 13)      
Stockholders' equity:    
Preferred Stock, $.001 par value; 5,000,000 shares authorized in 2011 and 2010; 0 shares outstanding in 2011 and 2010      
Common Stock, $.001 par value; 75,000,000 and 45,000,000 shares authorized, 29,577,146 and 24,038,445 shares issued; 29,561,655 and 24,022,954 shares outstanding in 2011 and 2010, respectively 29,578 24,039
Additional paid-in capital 99,709,574 82,055,934
Treasury stock, at cost, 15,491 shares, 2011 and 2010 (47,183) (47,183)
Accumulated deficit (95,571,576) (72,246,460)
Total stockholders' equity 4,120,393 9,786,330
Total liabilities and stockholders' equity $ 23,645,210 $ 33,580,206