CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 10,819,781	$ 700,374
Accounts receivable	168,381	99,140
Prepaid expenses	60,041	42,658
Total current assets	11,048,203	842,172
Property and equipment, net	254,742	22,504
Other assets	362,081	174,581
Total Assets	11,665,026	1,039,257
Current liabilities:
Accounts payable	175,679	928,364
Accrued expenses	554,691	501,517
Total current liabilities	730,370	1,429,881
Derivative financial instruments	8,765,628	3,840,644
Total liabilities	9,495,998	5,270,525
Commitments and contingencies (Note 10)
Stockholders' equity (deficiency)
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 95,600 shares outstanding at December 31, 2012 and December 31, 2011, designated as Series A Convertible Preferred Stock with liquidation preference of $956,000 at December 31, 2012 and December 31, 2011	96	96
Common stock, $0.0001 par value,150,000,000 and 100,000,000 shares authorized at December 31, 2012 and December 31, 2011, respectively; 15,478,177 and 10,737,026 issued and outstanding at December 31, 2012 and December 31, 2011, respectively	1,547	1,073
Additional paid-in capital	57,370,017	39,365,994
Deficit accumulated during development stage	(55,202,632)	(43,598,431)
Total stockholders' equity (deficiency)	2,169,028	(4,231,268)
Total liabilities and stockholders' equity (deficiency)	$ 11,665,026	$ 1,039,257