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Condensed Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 29,722,622 $ 16,872,783
Short-term investments 54,171,847 0
Prepaid expenses 1,194,991 2,637,783
Other assets 462,840 539,659
Total current assets 85,552,300 20,050,225
Property and equipment, net 772,516 863,008
Deferred financing costs and other non-current assets 597,260 300,985
Total assets 86,922,076 21,214,218
Current liabilities:    
Accounts payable 3,994,419 2,836,395
Accrued wages and benefits 888,430 155,102
Accrued interest payable 111,011 140,427
Current portion of long-term debt 5,606,830 4,318,078
Preferred stock warrants 0 223,032
Total current liabilities 10,600,690 7,673,034
Long-term debt, net of current portion 7,922,441 10,485,811
Subordinated notes 0 9,529,413
Other liabilities 637,500 637,500
Total liabilities 19,160,631 28,325,758
Convertible preferred stock, $0.001 par value, 14,310,992 shares authorized; 11,747,563 and 0, shares issued and outstanding at December 31, 2010 and June 30, 2011, respectively 0 89,799,483
Stockholders' equity (deficit):    
Common stock: $0.001 par value, 100,000,000 shares authorized; 1,203,228 and 29,724,837 shares issued and outstanding at December 31, 2010 and June 30, 2011, respectively 29,725 1,203
Additional paid-in capital 183,478,546 1,156,681
Accumulated other comprehensive income 29,776 0
Retained deficit (115,776,602) (98,068,907)
Total stockholders' equity (deficit) 67,761,445 (96,911,023)
Total liabilities, convertible preferred stock, and stockholders' equity (deficit) $ 86,922,076 $ 21,214,218