CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 25,836,937	$ 10,819,781
Accounts receivable	78,994	168,381
Prepaid expenses and other assets	152,789	60,041
Total current assets	26,068,720	11,048,203
Property and equipment, net	750,565	254,742
Other assets	336,450	362,081
Total Assets	27,155,735	11,665,026
Current liabilities:
Accounts payable	286,608	175,679
Accrued expenses	1,524,092	554,691
Current portion of long-term debt	198,166
Total current liabilities	2,008,866	730,370
Long-term debt, less current portion	322,998
Derivative financial instruments	4,431,871	8,765,628
Total liabilities	6,763,735	9,495,998
Commitments and contingencies (Note 11)
Stockholders' equity
Preferred stock, $0.001 par value, 20,000,000 shares authorized, 60,600 and 95,600 shares outstanding at December 31, 2013 and 2012, respectively; designated as Series A Convertible Preferred Stock with liquidation preference of $606,000 and $956,000 at December 31, 2013 and 2012, respectively	60	96
Common stock, $0.0001 par value, 150,000,000 shares authorized at December 31, 2013 and 2012; 18,902,782 and 15,478,177 issued and outstanding at December 31, 2013 and 2012, respectively	1,890	1,547
Additional paid-in capital	87,433,460	57,370,017
Deficit accumulated during development stage	(67,043,410)	(55,202,632)
Total stockholders' equity	20,392,000	2,169,028
Total Liabilities and Stockholders' Equity	$ 27,155,735	$ 11,665,026