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Condensed Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 585,056 $ 99,716
Investments in available-for-sale securities 1,902,948 2,526,542
Other current assets 35,407 32,054
Total current assets 2,523,411 2,658,312
Total Assets 2,523,411 2,658,312
Current liabilities:    
Accounts payable 10,270 18,001
Conversion feature liability 66,285 76,236
Total current liabilities 76,555 94,237
Commitments and contingencies      
Redeemable convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 168 shares issued and outstanding ($168,496 aggregate liquidation value) 168,496 168,496
Stockholders’ equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 8,880,199 and 8,650,417 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively 88,802 86,504
Common stock to be issued 12,500 12,500
Additional paid-in capital 64,455,704 64,405,084
Accumulated deficit (62,284,251) (62,094,561)
Accumulated other comprehensive income (loss) 5,605 (13,948)
Total stockholders’ equity 2,278,360 2,395,579
Total liabilities and stockholders’ equity $ 2,523,411 $ 2,658,312