Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Significant components of the Company's net deferred tax asset

	December 31,
	2012			2011
Net operating loss carryforward	$	10,329,617		$	5,896,441
Research and development credit carryforward		329,584			257,110
Stock-based compensation		1,090,746			740,714
Depreciation and amortization		(81,305	)		—
Charitable contributions		72,693			68,694
Subtotal		11,741,335			6,962,959
Valuation allowance		(11,741,335	)		(6,962,959	)
Net deferred taxes	$	—		$	—

Income tax benefits computed using the federal statutory income tax rate

	December 31,
	2012			2011
Statutory rate		34.0	%		34.0	%
State taxes, net of benefit		-14.2	%		1.4	%
Permanent differences:
Derivative losses		-127.4	%		-25.7	%
Other		-1.9	%		-0.2	%
R&D tax credit		7.0	%		0.2	%
Increase in valuation reserve		102.5	%		-9.7	%
		0.0	%		0.0	%