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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net income (loss) $ 22,830,320 $ (14,117,662)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 745,396 653,764
Derivative loss (gain) 5,346,039 (559,556)
Stock-based compensation expense 700,008 448,693
Changes in assets and liabilities:    
Accounts receivable 78,040 410,589
Prepaid expenses and other assets 100,759 (606,626)
Accounts payable and accrued expenses 751,170 791,001
Deferred revenue 2,400,800 35,913
Net cash flows from operating activities 32,952,532 (12,943,884)
Investing activities:    
Purchase of equipment (24,792) (127,760)
Purchase of intangible assets (1,050,000)   
Net cash flows from investing activities (1,074,792) (127,760)
Financing activities:    
Proceeds from issuance of common stock    13,996,773
Proceeds from exercise of stock options 410,402 349,676
Proceeds from exercise of warrants    1,749,259
Change in amounts due to related parties (7,805) (44,623)
Net cash flows from financing activities 402,597 16,051,085
Net change in cash and cash equivalents 32,280,337 2,979,441
Cash and cash equivalents at beginning of period 10,750,205 18,208,659
Cash and cash equivalents at end of period $ 43,030,542 $ 21,188,100