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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating activities:    
Net income (loss) $ 3,527,187 $ (19,241,213)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 1,120,741 989,613
Derivative loss (gain) 8,871,050 (3,032,106)
Stock-based compensation expense 1,373,970 1,006,614
Changes in assets and liabilities:    
Accounts receivable 76,829 (1,021,409)
Prepaid expenses and other assets 2,398 (13,157)
Accounts payable and accrued expenses 2,327,264 2,372,321
Deferred revenue 2,351,200 15,133
Net cash flows from operating activities 19,650,639 (18,924,204)
Investing activities:    
Purchase of equipment (32,283) (214,616)
Purchase of intangible assets (1,050,000)  
Net cash flows from investing activities (1,082,283) (214,616)
Financing activities:    
Proceeds from issuance of common stock   13,996,773
Proceeds from exercise of stock options 1,873,397 349,676
Proceeds from exercise of warrants 135,000 1,749,259
Change in amounts due to related parties (7,805) (46,127)
Net cash flows from financing activities 2,000,592 16,049,581
Net change in cash and cash equivalents 20,568,948 (3,089,239)
Cash and cash equivalents at beginning of period 10,750,205 18,208,659
Cash and cash equivalents at end of period $ 31,319,153 $ 15,119,420