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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 20,367,079 $ 9,748,491
Other current assets 89,488 87,176
Total current assets 20,456,567 9,835,667
Equipment 1,399 0
In-process research and development 5,441,839 5,441,839
Goodwill 629,752 629,752
Total assets 26,529,557 15,907,258
Liabilities and equity    
Notes payable, current portion 677,778 877,778
Accounts payable - related party 1,257,600 0
Other accounts payable and accrued expenses 321,725 666,640
Interest payable, current portion 91,944 61,941
Total current liabilities 2,349,047 1,606,359
Notes payable, noncurrent portion, at fair value 4,395,100 4,664,697
Total liabilities 6,744,147 6,271,056
Commitments and contingencies      
Equity:    
Preferred stock, $0.001 par value per share (10,000,000 shares authorized, 0 and 413,388 issued and outstanding as of June 30, 2012 and December 31, 2011, respectively, aggregate liquidation value of $0 and $8,267,760 at June 30, 2012 and December 31, 2011, respectively) 0 413
Common stock, $0.001 par value per share (500,000,000 shares authorized, 18,053,995 and 5,061,399 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively) 18,054 5,061
Contingently issuable shares 6 6
Additional paid-in capital 24,001,440 10,472,115
Deficit accumulated in development stage (13,003,817) (853,074)
Total TG Therapeutics, Inc. and subsidiaries equity 11,015,683 9,624,521
Noncontrolling interest in subsidiary 8,769,727 11,681
Total equity 19,785,410 9,636,202
Total liabilities and equity $ 26,529,557 $ 15,907,258