XML 26 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 14,914,675 $ 24,621,083
Accounts receivable 622,173 233,794
Prepaid expenses and other current assets 261,000 307,907
Total current assets 15,797,848 25,162,784
Equipment and leasehold improvements, net 226,861 253,595
Patents, net 1,865,007 1,689,804
Deposits and other assets 77,350 77,350
Total assets 17,967,066 27,183,533
Current Liabilities:    
Accounts payable 2,098,661 1,027,872
Accrued expenses 818,654 2,168,382
Deferred contract revenue, current portion 1,498,587 5,419,623
Deferred rent, short-term portion 21,610 14,555
Total current liabilities 4,437,512 8,630,432
Deferred rent, long-term portion 76,574 93,381
Deferred contract revenue, long-term portion   415,000
Warrants 3,100,000 3,100,000
Total liabilities 7,614,086 12,238,813
Stockholders' Equity:    
Common stock - $.001 par value; 100,000,000 shares authorized; 13,147,784 and 13,099,319 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively 13,148 13,099
Additional paid-in capital 58,414,265 57,845,088
Accumulated deficit (48,074,433) (42,913,467)
Total stockholders' equity 10,352,980 14,944,720
Total liabilities and stockholders' equity $ 17,967,066 $ 27,183,533