XML 68 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Balance Sheets (Current Period Unaudited) (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 6,020,528 $ 14,991,488
Investment securities – available for sale, at fair value 42,706,769 8,037,620
Accrued interest receivable on investment securities 206,209 65,925
Advances and deposits for investigator grants 118,240 246,252
Other current assets 520,725 307,699
Total current assets 49,572,471 23,648,984
Property and equipment (at cost, less accumulated depreciation of $1,074,961 and $924,961, respectively) 1,022,115 1,114,621
Deposits, deferred fees and other assets 395,733 567,188
Patent licensing fees, net 24,375 28,125
Total other assets 420,108 595,313
Total assets 51,014,694 25,358,918
LIABILITIES AND STOCKHOLDERS' EQUITY    
Accounts payable 1,522,710 2,339,768
Accrued liabilities 1,782,967 1,254,979
Notes payable - current portion 1,904,770 1,410,455
Deferred revenue - current portion 500,000  
Total current liabilities 5,710,447 5,005,202
Common stock warrant liability 4,733,817 4,283,932
Notes payable – non-current portion 2,847,644 3,661,147
Deferred revenue - non-current portion 4,250,000  
Other non-current liabilities 483,108 446,779
Total liabilities 18,025,016 13,397,060
Stockholders' equity:    
Common stock, $0.01 par value; 75,000,000 shares authorized; 61,823,340 and 37,967,708 shares issued at June 30, 2013 and December 31, 2012 and 61,160,961 and 37,302,785 shares outstanding at June 30, 2013 and December 31, 2012, respectively 618,233 379,677
Additional paid-in capital 190,963,230 165,276,069
Accumulated other comprehensive loss (213,841) (126,607)
Accumulated deficit (155,697,737) (150,876,770)
Subtotal 35,669,885 14,652,369
Treasury stock, at cost (662,379 and 664,921 shares at June 30, 2013 and December 31, 2012, respectively) (2,680,207) (2,690,511)
Total stockholders' equity 32,989,678 11,961,858
Total liabilities and stockholders' equity $ 51,014,694 $ 25,358,918