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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended 74 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Revenue $ 0 $ 0 $ 0 $ 0 $ 0
Operating expense          
General & administrative 240,543 [1] 252,168 [1] 480,354 [1] 483,482 [1] 7,539,817 [1]
Total operating expense 428,646 787,782 1,084,556 1,310,409 13,533,236
Net operating loss (428,646) (787,782) (1,084,556) (1,310,409) (13,533,236)
Other income (expense)          
Interest income 1,531 213 1,655 742 78,744
Other income 0 0 0 0 244,479
Other expense (129) (269) (345) (398) (4,518)
Total Other Income (Expense) 1,402 (56) 1,310 344 318,705
Net Loss (427,244) (787,838) (1,083,246) (1,310,065) (13,214,531)
Loss per share          
Net loss per share, basic and diluted $ (0.01) $ (0.01) $ (0.02) $ (0.02) $ (0.28)
Basic and diluted weighted average number of common shares outstanding 66,606,105 58,868,713 64,412,577 58,625,066 47,534,377
All Other
         
Operating expense          
Research and development 156,036 [2] 168,026 [2] 557,135 [2] 447,639 [2] 4,882,732 [2]
MD Anderson for License
         
Operating expense          
Research and development $ 32,067 [3] $ 367,588 [3] $ 47,067 [3] $ 379,288 [3] $ 1,110,687 [3]
[1] General & administrative expense includes stock for services, stock option and warrant expenses of $5,318 and $1,300 for the quarters ending 6/30/2013 and 6/30/2012, respectively; $9,923 and $3,250 for the six month periods ending 6/30/2013 and 6/30/2012, respectively; and $2,600,679 for the period from inception through 6/30/2013 for stock options and warrants and $318,500 in stock for services.
[2] Research and development expense includes stock option expenses of $8,220 and $13,411 for the quarters ending 6/30/2013 and 6/30/2012, respectively; $19,633 and $30,817 for the six month periods ending 6/30/2013 and 6/30/2012, respectively; and $442,632 for the period from inception through 6/30/2013
[3] Includes $345,000 technology impairment charge for the quarter and six month periods ending 6/30/12; and $690,000 for the period from inception through 6/30/2013