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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 1,304,088 $ 3,265,141
Prepaid expenses & other 77,310 50,291
Total Current Assets 1,381,398 3,315,432
Property and equipment, net 176,889 169,808
Intangible assets, net 55,247 61,155
Total Assets 1,613,534 3,546,395
Current Liabilities:    
Accounts payable 137,779 341,172
Accrued expenses 97,728 39,232
Total Current Liabilities 235,507 380,404
Stockholders' Equity:    
Preferred stock Series A; $0.001 par value, 3,500,000 designated 2,126,574 and 1,924,230 shares issued and outstanding (preference in liquidation of $1,765,057 at December 31, 2012) 2,127 1,924
Common stock - Class A - $0.001 par value, 200,000,000 shares authorized, 24,330,013 and 22,310,894 shares issued and outstanding at December 31, 2012 and 2011, respectively 24,331 22,312
Additional paid-in capital 18,242,109 15,847,604
Deficit accumulated in the development stage (16,890,540) (12,705,849)
Total Stockholders' Equity 1,378,027 3,165,991
Total Liabilities and Stockholders' Equity $ 1,613,534 $ 3,546,395