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Statements of Stockholders' Equity and Comprehensive Income (Loss) (USD $)
Total
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Income [Member]
Balance, value at Oct. 17, 2005 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0
Balance, shares at Oct. 17, 2005   0 0      
Proceeds from sale of common stock (11/05 @ $.04 per share), shares   972,000        
Proceeds from sale of common stock (11/05 @ $.04 per share), value 38,880 97   38,783    
Founders stock 933,120     933,120    
Stock based compensation 26,004     26,004    
Components of comprehensive loss            
Net loss (1,207,234)       (1,207,234)  
Balance, value at Dec. 31, 2005 (209,230) 97   997,907 (1,207,234)  
Balance, shares at Dec. 31, 2005   972,000        
Transfer of assets at historical cost (1/06 @ $0.03 per share), shares   1,028,000        
Transfer of assets at historical cost (1/06 @ $0.03 per share), value 31,200 103   31,097    
Proceeds from IPO (7/06 @ $5.50 per unit), shares   3,000,000        
Proceeds from IPO (7/06 @ $5.50 per unit), value 16,500,000 300   16,499,700    
IPO costs (2,392,071)     (2,392,071)    
Stock issued to bridge loan lenders (7/06 @ $2.75 per share), shares   290,894        
Stock issued to bridge loan lenders (7/06 @ $2.75 per share), value 800,000 29   799,971    
Exercise of stock options, shares   31,200        
Exercise of stock options, value 3,120 3   3,117    
Stock based compensation 348,943     348,943    
Components of comprehensive loss            
Net loss (4,180,912)       (4,180,912)  
Balance, value at Dec. 31, 2006 10,901,050 532   16,288,664 (5,388,146)  
Balance, shares at Dec. 31, 2006   5,322,094        
Exercise of stock options, shares   169,963        
Exercise of stock options, value 346,434 17   346,417    
Conversion of Class A public warrants at $6.60 per share, shares   3,098,382        
Conversion of Class A public warrants at $6.60 per share, value 20,449,321 310   20,449,011    
Redemption of Class A public warrants at $0.25 per share (48,128)     (48,128)    
Conversion of Class B public warrants at $11.00, shares   11,000        
Conversion of Class B public warrants at $11.00, value 121,000 1   120,999    
Stock based compensation 1,734,879     1,734,879    
Proceeds from private placement:            
Common stock, shares   2,534,462        
Common stock, value 15,962,257 254   15,962,003    
Class B public warrants 3,754,468     3,754,468    
Private placement costs (75,807)     (75,807)    
Exercise of representative's warrants, shares   300,000        
Exercise of representative's warrants, value 1,980,000 30   1,979,970    
Components of comprehensive loss            
Net loss (6,503,419)       (6,503,419)  
Balance, value at Dec. 31, 2007 48,622,055 1,144   60,512,476 (11,891,565)  
Balance, shares at Dec. 31, 2007   11,435,901        
Exercise of stock options, shares   133,137        
Exercise of stock options, value 120,533 13   120,520    
Issuance of Restricted Stock, shares   69,846        
Issuance of Restricted Stock, value   7   (7)    
Conversion of Class B public warrants at $11.00, shares   98,800        
Conversion of Class B public warrants at $11.00, value 1,086,800 10   1,086,790    
Stock based compensation 1,881,399     1,881,399    
Proceeds from private placement:            
Common stock, shares   4,763,698        
Common stock, value 36,647,693 476   36,647,217    
Class B public warrants 6,681,884     6,681,884    
Exercise of representative's warrants, shares   75,000        
Exercise of representative's warrants, value 495,000 8   494,992    
Proceeds from shareholder under Section 16(b) 148,109     148,109    
Proceeds from secondary public offering, shares   4,370,000        
Proceeds from secondary public offering, value 61,180,000 437   61,179,563    
Costs of secondary public offering (4,361,358)     (4,361,358)    
Components of comprehensive loss            
Unrealized gain/loss on investments 331,068         331,068
Net loss (13,215,076)       (13,215,076)  
Total comprehensive loss (12,884,008)          
Balance, value at Dec. 31, 2008 139,618,107 2,095   164,391,585 (25,106,641) 331,068
Balance, shares at Dec. 31, 2008   20,946,382        
Exercise of stock options, shares   105,169        
Exercise of stock options, value 339,616 10   339,606    
Issuance of Restricted Stock, shares   147,679        
Issuance of Restricted Stock, value   15   (15)    
Stock based compensation 2,676,957     2,676,957    
Proceeds from private placement:            
Common stock, shares   769,230        
Common stock, value 4,999,995 77   4,999,918    
Proceeds from shareholder under Section 16(b) 0          
Proceeds From Public Offering Shares   4,615,385        
Proceeds From Public Offering Value 30,000,003 461   29,999,542    
Costs of Public Offering (2,062,866)     (2,062,866)    
Components of comprehensive loss            
Unrealized gain/loss on investments (334,080)         (334,080)
Net loss (20,922,717)       (20,922,717)  
Total comprehensive loss (21,256,797)          
Balance, value at Dec. 31, 2009 154,315,015 2,658   200,344,727 (46,029,358) (3,012)
Balance, shares at Dec. 31, 2009   26,583,845        
Exercise of stock options, shares   161,330        
Exercise of stock options, value 391,001 16   390,985    
Issuance of Restricted Stock, shares   270,412        
Issuance of Restricted Stock, value   27   (27)    
Stock based compensation 2,713,468     2,713,468    
Proceeds from private placement:            
Proceeds from shareholder under Section 16(b) 0          
Proceeds From Public Offering Shares   5,250,000        
Proceeds From Public Offering Value 21,787,500 525   21,786,975    
Costs of Public Offering (1,409,937)     (1,409,937)    
Components of comprehensive loss            
Unrealized gain/loss on investments 2,786         2,786
Net loss (31,233,718)       (31,233,718)  
Total comprehensive loss (31,230,932)          
Balance, value at Dec. 31, 2010 146,566,115 3,226   223,826,191 (77,263,076) (226)
Balance, shares at Dec. 31, 2010   32,265,587        
Exercise of stock options, shares   57,000        
Exercise of stock options, value 5,700 6   5,694    
Issuance of Restricted Stock, shares   191,822        
Issuance of Restricted Stock, value   19   (19)    
Issuance Of Commons Stock To Service Provider Shares   45,000        
Issuance Of Common Stock To Service Provider, Value 58,950 5   58,945    
Stock based compensation 1,572,607     1,572,607    
Proceeds from private placement:            
Common stock, shares   6,400,000        
Proceeds from private offering, value 7,360,000 640   7,359,360    
Private placement costs (123,973)     (123,973)    
Stock Issued During Period Shares At-the-Market Offering   386,050        
Proceeds from At-the-Market Offering, value 305,784 39   305,745    
Proceeds from shareholder under Section 16(b) 0          
Components of comprehensive loss            
Unrealized gain/loss on investments 1,245         1,245
Net loss (105,743,860)       (105,743,860)  
Total comprehensive loss (105,742,615)          
Balance, value at Dec. 31, 2011 $ 50,002,568 $ 3,935   $ 233,004,550 $ (183,006,936) $ 1,019
Balance, shares at Dec. 31, 2011   39,345,459