XML 14 R1.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Operations (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue$ 198,464$ 368,838$ 690,817$ 1,028,268
Operating expenses    
Direct costs(87,399)(121,841)(336,714)(353,740)
Research and development expense(371,327)(1,453,987)(1,131,329)(4,310,471)
Selling, general and administrative expense(653,651)(933,507)(2,271,369)(3,214,257)
Total operating expenses(1,112,377)(2,509,335)(3,739,412)(7,878,468)
Loss from operations(913,913)(2,140,497)(3,048,595)(6,850,200)
Interest income5951,0542,6805,270
Other income  53,007 
Gain on settlement of obligations  845,000 
Loss before taxes(913,318)(2,139,443)(2,147,908)(6,844,930)
Income tax expense  (14,485) 
Net loss$ (913,318)$ (2,139,443)$ (2,162,393)$ (6,844,930)
Net loss per share, basic (in dollars per share)$ (0.36)$ (1.25)$ (0.86)$ (3.99)
Net loss per share, diluted (in dollars per share)$ (0.36)$ (1.25)$ (0.86)$ (3.99)
Weighted average shares outstanding, basic (in shares)2,562,4881,715,0652,524,5411,715,065
Weighted average shares outstanding, diluted (in shares)2,562,4881,715,0652,524,5411,715,065