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Condensed Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 10,005,639 $ 6,653,168
Other assets 593,000 91,286
Total current assets 10,598,639 6,744,454
Property and equipment, net 83,621 76,402
Other assets    
Deferred offering costs 0 282,599
Deposits 11,420 47,302
Total assets 10,693,680 7,150,757
Current liabilities:    
Accounts payable 1,225,362 1,316,540
Accrued liabilities 842,648 444,749
Total current liabilities 2,068,010 1,761,289
Warrant Liability 5,599,468 2,157,408
Commitments and contingencies (Note 5)      
Shareholders' equity:    
Common stock, $0.0001 par value; 99,000,000 shares authorized; 41,112,451 shares and 28,613,984 shares issued and outstanding as of September 30, 2012 and December 31, 2011, respectively 4,111 2,861
Additional paid-in capital 46,674,661 31,902,890
Deficit accumulated during the development stage (43,652,570) (28,673,691)
Total shareholders' equity 3,026,202 3,232,060
Total liabilities and shareholders' equity $ 10,693,680 $ 7,150,757