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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended 12 Months Ended 28 Months Ended 164 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Successor
Dec. 31, 2010
Successor
Dec. 31, 2011
Successor
Aug. 31, 2009
Predecessor
Revenue                
Product sales $ 69,000 $ 0 $ 113,000 $ 0 $ 0 $ 0 $ 0 $ 1,390,112
License fees         0 0 0 260,000
Total revenue 69,000 0 113,000 0 0 0 0 1,650,112
Cost of sales 2,321,000 3,000 5,968,000 3,000 12,796 0 12,796 402,458
Gross profit (loss) (2,252,000) (3,000) (5,855,000) (3,000) (12,796) 0 (12,796) 1,247,654
Selling, general and administrative expenses 2,632,000 3,817,000 9,594,000 9,258,000 12,795,476 6,105,352 21,464,920 77,118,046
Research and development expenses 426,000 1,893,000 1,294,000 5,111,000 7,170,520 5,486,319 14,480,035 56,250,327
Operating loss (5,310,000) (5,713) (16,743,000) (14,372,000) (19,978,792) (11,591,671) (35,957,751) (132,120,719)
Other income (expense)                
Interest income         0 0 1 6,973,954
Reorganization items, net         0 3,303 (69,174) 72,850,160
Other income         0 244,479 244,479 316,338
Warrant income (expense) 14,545,000 10,622,000 17,192,000 815,000 (4,762,694) (465,232) (5,547,010) 0
Derivative revaluation income (expense) 1,894,000 2,316,000 (23,000) (5,866,000) (5,451,518) 0 (5,451,518) 0
Interest expense (140,000) (265,000) (586,000) (822,000) (1,061,862) (1,045,199) (2,354,235) (18,790,218)
Loss on extinguishment of debt 0 0 (4,421,000) 0        
Income (loss) from continuing operations before income taxes 10,989,000 6,960,000 (4,581,000) (20,245,000) (31,254,866) (12,854,320) (49,135,208) (70,770,485)
Income tax benefit 54,000 0 163,000 0 0 0 0 0
Income (loss) from continuing operations 11,043,000 6,960,000 (4,418,000) (20,245,000) (31,254,866) (12,854,320) (49,135,208) (70,770,485)
Income (loss) from discontinued operations, net of tax 5,000 (49,000) (1,000) (8,000) (94,475) (25,313) (128,271) (46,351,159)
Gain on sale of discontinued operations, net of tax 443,000 0 443,000,000 0        
Net Income (loss) 11,491 6,911 (3,976,000) (20,253) (31,349,341) (12,879,633) (49,263,479) (117,121,644)
Deemed dividend associated with beneficial conversion         0 0 0 (11,423,824)
Preferred stock dividends         0 0 0 (1,589,861)
Net loss 11,491 6,911 (3,976) (20,253) (31,349,341) (12,879,633) (49,263,479) (130,135,329)
Income (loss) from discontinued operations-                
Basic $ 0.00 $ 0.00 $ 0.00 $ 0.00        
Diluted $ 0.00 $ 0.00 $ 0.00 $ 0.00        
Net income (loss)                
Basic $ 0.12 $ 0.10 $ (0.04) $ (0.40)        
Diluted $ (0.05) $ (0.09) $ (0.04) $ (0.40)        
Loss from continuing operations-basic and diluted         $ (0.57) $ (0.69) $ (1.46) $ (3.97)
Loss from discontinued operations-basic and diluted         $ 0.00 $ 0.00 $ 0.00 $ (2.65)
Deemed dividend associated with beneficial conversion of preferred stock         $ 0.00 $ 0.00 $ 0.00 $ (0.65)
Preferred stock dividends         $ 0.00 $ 0.00 $ 0.00 $ (0.09)
Net loss per common share - basic and diluted         $ (0.57) $ (0.69) $ (1.46) $ (7.36)
Comprehensive loss         $ (31,349,341) $ (12,879,633) $ (49,349,479) $ (130,135,329)
Weighted average number of basic common shares outstanding 98,930,771 69,863,597 97,188,248 51,219,473        
Weighted average number of diluted common shares outstanding 98,930,771 69,863,597 97,188,248 51,219,473        
Weighted average number of basic and diluted common shares outstanding         54,857,520 18,757,756 33,664,124 17,678,219