Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 8,302,290	$ 10,819,781
Accounts receivable	56,501	168,381
Prepaid expenses and other assets	164,716	60,041
Total current assets	8,523,507	11,048,203
Property and equipment, net	570,947	254,742
Other assets	530,612	362,081
Total assets	9,625,066	11,665,026
Current liabilities:
Accounts payable	297,825	175,679
Accrued expenses	1,101,412	554,691
Current portion of long-term debt	62,993
Total current liabilities	1,462,230	730,370
Long-term debt, less current portion	252,175
Derivative financial instruments	10,381,796	8,765,628
Total liabilities	12,096,201	9,495,998
Commitments and contingencies (Note 9)
Stockholders' (deficiency) equity:
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 78,100 and 95,600 shares outstanding at June 30, 2013 and December 31, 2012, respectively, designated as Series A Convertible Preferred Stock with liquidation preference of $780,100 and $956,000 at June 30, 2013 and December 31, 2012, respectively	78	96
Common stock, $0.0001 par value, 150,000,000 shares authorized, 15,729,524 and 15,478,177 issued and outstanding at June 30, 2013 and December 31, 2012, respectively	1,573	1,547
Additional paid-in capital	59,125,903	57,370,017
Deficit accumulated during development stage	(61,598,689)	(55,202,632)
Total stockholders' (deficiency) equity	(2,471,135)	2,169,028
Total liabilities and stockholders' (deficiency) equity	$ 9,625,066	$ 11,665,026