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Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 222,697 $ 298,227
Available for sale securities 16,957,489 8,041,904
Prepaid expenses and other 551,961 977,310
Total current assets 17,732,147 9,317,441
PROPERTY AND EQUIPMENT, net 307,385 403,446
INTANGIBLE ASSETS, net 8,552,432 8,978,101
OTHER ASSETS, net 2,576 20,866
Total assets 26,594,540 18,719,854
CURRENT LIABILITIES:    
Accounts payable 1,246,470 827,209
Accrued expenses:    
Salaries and wages 325,313 295,194
Professional fees 631,871 902,411
Other accrued expenses 289,031 42,231
Deferred rent, current portion 33,894 75,144
Total current liabilities 2,526,579 2,142,189
LONG TERM LIABILITES    
Captial lease, net of current portion 7,290 33,915
Deferred rent, net of current portion 14,379 23,763
Total long term liabilities 21,669 57,678
Total liabilities 2,548,248 2,199,867
COMMITMENTS AND CONTINGENCIES      
SHAREHOLDERS' EQUITY:    
Common stock, $.01 par value, 150,000,000 shares authorized, 93,208,471 and 82,903,609 issued and outstanding at December 31, 2013 and 2012, respectively 932,085 829,036
Accumulated other comprehensive loss (8,215) (20)
Warrants outstanding 663,100 1,081,050
Additional paid-in capital 312,470,030 276,748,336
Accumulated deficit (290,010,708) (262,138,415)
Total shareholders' equity 24,046,292 16,519,987
Total liabilities and shareholders' equity $ 26,594,540 $ 18,719,854