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CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) (USD $)
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Common Stock Issuable
Deficit Accumulated During the Development Stage
Beginning Balance at Dec. 31, 2012 $ 17,810,186 $ 12,934   $ 110,116,766   $ (92,319,514)
Beginning Balance (in shares) at Dec. 31, 2012   12,934,350        
Proceeds from the sale of preferred stock sold at $25.00 per share and common stock at $2.50 per share, net of offering costs (in shares)   6,670,000 220,000      
Proceeds from the sale of preferred stock sold at$25.00 per share and common stock at $2.50 per share, net of offering costs 20,754,418   6,890 20,747,528   0
Proceeds from the sale of common stock at $3.30 per share, net of offering costs (in shares)   1,058,951        
Proceeds from the sale of common stock at $3.30 per share, net of offering costs 3,388,095 1,059   3,387,036    
Stock-based compensation to employees and directors for the period from January 1, 2013 to September 30, 2013 935,736     935,736   0
Stock-based payments to consultants for the period from January 1, 2013 to June 30, 2013 29,317     29,317    
Common stock issuable for compensation (125,000 shares) 368,750       368,750  
Stock-based compensation related to the restricted stock grant 117,885     117,885      
Net loss for the period (13,356,725)         (13,356,725)
Ending Balance at Sep. 30, 2013 $ 30,047,662 $ 20,883   $ 135,334,268 $ 368,750 $ (105,676,239)
Ending Balance (in shares) at Sep. 30, 2013   20,663,301 220,000