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Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 3,183,289 $ 4,921,545
Contracts and grants receivable 1,805,871 1,985,212
Prepaid expenses 229,064 244,267
Total current assets 5,218,224 7,151,024
Office furniture and equipment, net 39,927 47,366
Intangible assets, net 157,896 188,732
Total assets 5,416,047 7,387,122
Current liabilities:    
Accounts payable 4,177,376 4,379,936
Notes payable 292,719
Warrant liability 1,148,616 2,434,101
Accrued compensation 56,169 298,675
Total current liabilities 5,382,161 7,405,431
Commitments and contingencies
Shareholders' equity (deficiency):    
Preferred stock, 350,000 shares authorized; none issued or outstanding
Common stock, $.001 par value; 100,000,000 shares and 50,000,000 shares authorized at June 30, 2016 and December 31, 2015 respectively; 32,859,631 shares and 31,269,522 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 32,860 31,270
Additional paid-in capital 148,120,813 146,828,000
Accumulated deficit (148,119,787) (146,877,579)
Total shareholders' equity (deficiency) 33,886 (18,309)
Total liabilities and shareholders' equity (deficiency) $ 5,416,047 $ 7,387,122