General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 151 Months Ended 157 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Jun. 30, 2013
Statements Of Operations [Abstract]                
Revenue                        
Operating expenses:                
Research and development, net of reimbursements 509,262 601,272 1,594,968 1,046,158 3,440,485 323,788 26,420,519 28,015,488
General and administrative 966,367 237,908 1,899,503 798,184 4,506,232 2,959,246 24,504,975 26,404,478
Depreciation and amortization expense    159    317 581 633 3,262,462 3,262,462
Loss on disposition of equipment       4,122          550,186 554,307
Total operating expenses 1,475,629 839,339 3,498,593 1,844,659 7,947,298 3,283,667 54,738,142 56,236,735
Loss from operations (1,475,629) (839,339) (3,498,593) (1,844,659) (7,947,298) (3,283,667) (54,738,142) (56,236,735)
Other Income (Expense):                
Interest expense (634) (320,728) (1,209) (633,618) 1,099,327 175,094 1,964,707 (1,965,916)
Gain on extinguishment of liability                   260,000 260,000
Change in fair value - derivative liabilities (1,307,748) (402,524) 26,764 6,777 (685,420) (13,966) (699,386) 726,150
Total other income (expense) (1,308,382) (723,252) 25,555 (626,841) 413,907 161,128 1,005,321 (979,766)
Net loss $ (2,784,011) $ (1,562,591) $ (3,473,038) $ (2,471,500) $ (8,361,205) $ (3,444,795) $ (55,743,463) $ (59,216,501)
Net loss per common share - basic and diluted $ (0.13) $ (0.09) $ (0.16) $ (0.15) $ (7.58) $ (4.30)    
Weighted average common shares outstanding - basic and diluted 22,178,637 17,020,192 21,791,673 17,020,192 1,103,521 801,799