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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current Assets    
Cash and cash equivalents $ 3,281,984 $ 4,566,992
Short-term investments 12,115,118 17,297,165
Related party receivable 43,392 24,946
Prepaid expenses and other current assets 648,363 1,066,638
Total Current Assets 16,088,857 22,955,741
Property and Equipment, net 464,348 53,753
Other Assets    
Restricted cash 101,252 1,252
Deferred financing costs 62,405   
Deposits 19,798 9,320
Total Other Assets 183,455 10,572
Total Assets 16,736,660 23,020,066
Current Liabilities    
Accounts payable 680,478 651,917
Accrued expenses and other payables 446,162 503,050
Accrued interest    25,364
Current portion of long term debt 130,041   
Total Current Liabilities 1,256,681 1,180,331
Long Term Liabilities    
Long-term debt, net 1,058,475   
Stock warrants liability    122,590
Total Liabilities 2,315,156 1,302,921
Stockholders' Equity    
Common stock, $.0002 par value; 50,000,000 shares authorized, 6,481,752 and 6,375,426 shares issued and outstanding at September 30, 2014 (unaudited) and December 31, 2013, respectively 979 961
Additional paid in capital 35,550,524 34,337,591
Accumulated deficit (20,524,547) (12,346,630)
Total Stockholders' Equity- Less Non-Controlling Interest 15,026,956 21,991,922
Non-Controlling Interest (605,452) (274,777)
Total Stockholders' Equity 14,421,504 21,717,145
Total Liabilities and Stockholders' Equity $ 16,736,660 $ 23,020,066