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Condensed Consolidated Balance Sheets (USD $)
Jun. 30, 2011
Dec. 31, 2010
Current assets    
Cash and cash equivalents $ 5,564,198 $ 5,575,310
Trade accounts receivable, net of allowance of $0 and $65,000 320,515 285,859
Grants receivable   270,128
Other receivables 35,047 74,110
Prepaid research expenses 297,140 464,322
Prepaid expenses and other assets 102,286 155,261
Total current assets 6,319,186 6,824,990
Property and equipment, net of accumulated depreciation of $231,988 and $197,971 122,518 154,161
Patents, net of accumulated amortization of $1,941 and $50,725 205 2,296
Deposit 35,625 35,625
Total assets 6,477,534 7,017,072
Current liabilities    
Accounts payable and accrued expenses 261,764 1,211,561
Accrued salaries and benefits 345,958 563,706
Deferred revenue 68,442 170,641
Total current liabilities 676,164 1,945,908
Deferred compensation   550,000
Deferred rent 64,877 80,945
Total liabilities 741,041 2,576,853
Commitments and contingencies    
Stockholders' equity    
Preferred stock, $0.01 par value, 2,000,000 shares authorized; 5,250 series B issued and 1 outstanding at June 30, 2011 and December 31, 2010    
Common stock, $0.01 par value, 5,000,000 shares authorized; 2,570,531 and 2,143,631 issued, 2,562,488 and 2,135,588 outstanding at June 30, 2011 and December 31, 2010, respectively 25,705 21,436
Paid-in capital in excess of par value 41,109,894 38,568,814
Treasury stock, 8,043 shares, at cost at June 30, 2011 and December 31, 2010 (464,786) (464,786)
Accumulated deficit (34,934,320) (33,685,245)
Total stockholders' equity 5,736,493 4,440,219
Total liabilities and stockholders' equity $ 6,477,534 $ 7,017,072