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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows used in operating activities    
Net loss for the period $ (17,209,000) $ (2,758,000)
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock-based compensation 1,153,000 525,000
Accretion of debt discount 123,000 208,000
Depreciation of property and equipment 37,000 42,000
Amortization of promissory note issuance costs 38,000 61,000
Amortization of discount on securities available-for-sale 30,000  
Change in fair value warrant liability (49,000)  
Foreign exchange transaction loss 11,000 388,000
Other 3,000  
Changes in operating assets and liabilities:    
Other receivables 33,000 35,000
Prepaid expenses 550,000 198,000
Accounts payable 2,196,000 555,000
Accrued expenses (330,000) (1,394,000)
Net cash used in operating activities (13,414,000) (2,140,000)
Cash flows provided by (used in) investing activities    
Purchases of property and equipment (3,000) (3,000)
Maturities of securities available-for-sale 30,401,000  
Purchases of securities available-for-sale (11,496,000)  
Net cash provided by (used in) investing activities 18,902,000 (3,000)
Cash flows provided by (used in) financing activities    
Issuance of common shares from private placement, net of issuance cost 1,984,000  
Payment of issuance costs in connection with public offering (53,000)  
Cash received from the issuance of promissory notes 2,362,000  
Principal payments on promissory notes (3,361,000) (2,878,000)
Deferred financing costs   (1,040,000)
Net cash provided by (used in) financing activities 932,000 (3,918,000)
Effect of exchange rate changes on cash and cash equivalents (4,000) (90,000)
Net increase (decrease) in cash and cash equivalents 6,416,000 (6,151,000)
Cash and cash equivalents at beginning of period 14,839,000 9,721,000
Cash and cash equivalents at end of period 21,255,000 3,570,000
Supplemental disclosures of non-cash investing and financing activities:    
Reclassification of fair value of warrant liability to equity as a result of the amendment of the underlying common share purchase warrants 834,000  
Value of warrants issued in connection with promissory notes 124,000  
Change in the fair value of stock-based compensation liability recorded to contributed surplus $ 118,000