XML 68 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended 85 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Operating expenses:      
Research and development $ 6,375,795 $ 4,102,847 $ 15,259,629
General and administrative 6,403,656 4,555,872 14,655,193
Total operating expenses 12,779,451 8,658,719 29,914,822
Operating loss (12,779,451) (8,658,719) (29,914,822)
Other income (expense):      
Other income     383,000
Interest income 35,184 8,759 55,233
Interest expense (71,726) (12,676) (1,138,057)
Derivatives gain (loss) 17,479,674 (26,065,579) (12,538,487)
Other income (expense), net 17,443,132 (26,069,496) (13,238,311)
Net income (loss) $ 4,663,681 $ (34,728,215) $ (43,153,133)
Net income (loss) per share, basic $ 0.07 $ (0.67) $ (1.22)
Net income (loss) per share, diluted $ 0.06 $ (0.67) $ (1.22)
Weighted average number of common shares outstanding, basic 63,226,899 51,894,871 35,348,456
Weighted average number of common shares outstanding, diluted 71,919,419 51,894,871 35,348,456