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Consolidated Balance Sheets (USD $)
Dec. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 16,455,995 $ 9,748,491
Prepaid research and development 1,990,759  
Other current assets 29,128 87,176
Total current assets 18,475,882 9,835,667
Equipment, net 1,164 0
In-process research and development 2,797,600 3,902,300
Goodwill 799,391 799,391
Total assets 22,074,037 14,537,358
Liabilities and equity    
Notes payable, current portion 677,778 877,778
Accounts payable and accrued expenses 1,117,397 666,640
Accrued compensation 145,000 0
Current portion of deferred revenue 152,381 0
Interest payable, current portion 123,511 61,941
Total current liabilities 2,216,067 1,606,359
Deferred revenue, net of current portion 1,828,571 0
Notes payable, less current portion, at fair value 2,479,098 3,294,797
Total liabilities 6,523,736 4,901,156
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 December 31, 2012 and 2011, respectively, aggregate liquidation value of $0 and $8,267,760 at December 31, 2012 and 2011, respectively) 0 413
Common stock, $0.001 par value per share (500,000,000 shares authorized, 25,820,738 and 5,061,399 shares issued and outstanding at December 31, 2012 and 2011, respectively) 25,821 5,061
Contingently issuable shares 6 6
Additional paid-in capital 34,534,805 10,472,115
Treasury stock, at cost, 13,526 and 0 shares at December 31, 2012 and 2011, respectively (84,538) 0
Deficit accumulated in the development stage (18,925,793) (853,074)
Total stockholder's equity 15,550,301 9,624,521
Non-controlling interest in subsidiary 0 11,681
Total equity 15,550,301 9,636,202
Total liabilities and equity $ 22,074,037 $ 14,537,358