XML 10 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue:        
License fees and milestones $ 37,500 $ 37,500 $ 75,000 $ 786,667
Collaborative research and development 250,000 250,000 500,000 500,000
Total revenue 287,500 287,500 575,000 1,286,667
Operating expense:        
Research and development 4,599,325 4,915,899 11,172,135 9,705,514
General and administrative 965,132 958,834 2,162,315 1,982,875
Total operating expense 5,564,457 5,874,733 13,334,450 11,688,389
Loss from operations (5,276,957) (5,587,233) (12,759,450) (10,401,722)
Other income (loss), net (36) 12,194 8,602 15,714
Interest income, net 18,022 16,249 21,217 34,065
Net loss $ (5,258,971) $ (5,558,790) $ (12,729,631) $ (10,351,943)
Basic and diluted net loss per share $ (0.07) $ (0.09) $ (0.19) $ (0.17)
Weighted average shares used to compute basic and diluted net loss per share 75,071,418 61,835,222 68,789,220 61,698,884