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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Contract revenue $ 17,912,607 $ 25,175,887 $ 24,266,274
Operating expenses:      
Research and development 15,290,142 19,509,629 21,219,853
General and administrative 13,279,186 11,628,732 14,311,079
Depreciation 182,487 303,916 461,073
Total operating expenses 28,751,815 31,442,277 35,992,005
Loss from operations (10,839,208) (6,266,390) (11,725,731)
Other income (expenses):      
Interest income 2,575 17,808 16,660
Interest expense (369,281) (342,561) (54,573)
Gain on sale of assets held for sale       781,760
Realization of cumulative translation adjustment   1,227,656   
Change in fair value of derivative instruments (444,622) 591,039 7,144,983
Other income (expense) (6,071) 47,862 39,328
Total other income (expenses) (817,399) 1,541,804 7,928,158
Net loss before provision for income taxes (11,656,607) (4,724,586) (3,797,573)
Provision for income taxes (61,746) (195,529)   
Net loss $ (11,718,353) $ (4,920,115) $ (3,797,573)
Basic and diluted net loss per share $ (0.23) $ (0.10) $ (0.08)
Weighted average shares used in calculation of basic and diluted net loss per share 50,659,116 48,323,067 47,331,763