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Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows From Operating Activities:    
Net loss $ (6,537,017) $ (10,329,722)
Depreciation and amortization 198,792 188,574
Share-based compensation, net 591,055 768,634
Fair value of common stock and warrants issued for services 8,404 89,970
Gain on revaluation of derivative warrant liability (533,000) (4,675,986)
Gain on disposal of assets (1,500)   
Amortization of discount on note payable    2,879,166
Amortization of non-cash deferred financing costs 484,002 484,002
Prepaid expenses and other current assets (159,278) (134,695)
Other assets 576 (500)
Accounts payable (3,960) (54,643)
Deferred revenue from licensing arrangements (38,214) (45,114)
Accrued expenses and other liabilities (526,906) 188,081
Net cash used in operating activities (6,517,046) (10,642,233)
Cash Flows from Investing Activities:    
Purchase of furniture, equipment and leasehold improvements (32,911) (210,031)
Decrease (increase) in restricted cash 250,000 (250,000)
Proceeds on disposal of furniture, equipment and leasehold improvements 1,887   
Net cash used in investing activities 218,976 (460,031)
Cash Flows From Financing Activities:    
Proceeds from issuances of Common Stock, and warrants, net of expenses 2,350,000 21,964,575
Repayment of Montaur note payable    (3,000,000)
Principal payments on capital lease obligations (1,361) (1,232)
Net cash provided by financing activities 2,348,639 18,963,343
Net increase (decrease) in cash and cash equivalents (3,949,431) 7,861,079
Cash and cash equivalents, beginning of period 8,055,385 3,747,210
Cash and cash equivalents, end of period 4,105,954 11,608,289
Supplemental Disclosure of Cash Flow Information and Non Cash Financing Transactions:    
Cash paid for interest $ 3,067 $ 113,535