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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating Expenses:        
General and administrative $ 947,387 $ 718,722 $ 1,842,235 $ 1,486,321
Research and development 266,907 365,534 591,494 656,733
Total Operating Expenses 1,214,294 1,084,256 2,433,729 2,143,054
Loss from Operations (1,214,294) (1,084,256) (2,433,729) (2,143,054)
Other Income (Expense):        
Interest income    42    209
Other income          70,525
Loss on disposition of fixed assets (16,591)    (16,591)   
Loss on sale of trading securities 118,518    302,116   
Unrealized gain on trading securities 94,404    236,143   
Loss on revaluation of derivative warrant liability (642,047)    (706,967)   
Interest and other expense (282) (16,646) (608) (16,646)
Total Other Income (Expense), net (683,034) (16,604) (790,139) 54,088
Loss Before Provision for Income Taxes (1,897,328) (1,100,860) (3,223,868) (2,088,966)
Provision for Income Taxes            
Net Loss (1,897,328) (1,100,860) (3,223,868) (2,088,966)
Preferred Stock Dividend (134,159) (45,664) (279,953) (89,721)
Net Loss Attributable to Common Stockholders $ (2,031,487) $ (1,146,524) $ (3,503,821) $ (2,178,687)
Net loss per common share - Basic and Diluted $ (0.07) $ (0.05) $ (0.12) $ (0.09)
Weighted Average Shares Used in per Share Calculation - Basic and Diluted 28,947,241 24,365,067 28,117,277 24,355,346