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STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]        
OTHER INCOME $ 67,157 $ 15,405 $ 180,301 $ 30,405
OPERATING EXPENSES:        
Research and development (6 months excluding R&D depreciation of $83,391 and $160,820, respectively, included below and 3 months excluding R&D depreciation of $41,718 and $55,957, respectively, included below) 4,153,998 2,515,585 8,173,539 5,439,363
Depreciation and amortization 51,444 90,413 108,143 223,863
General & administrative 2,088,150 1,649,231 4,059,364 3,650,516
Total operating expenses 6,293,592 4,255,229 12,341,046 9,313,742
OPERATING LOSS (6,226,435) (4,239,824) (12,160,745) (9,283,337)
(LOSS) GAIN ON DERIVATIVE INSTRUMENTS (7,132,348) 3,538,264 (5,521,531) 6,284,462
INTEREST INCOME 30,882 30,952 62,639 60,367
INTEREST EXPENSE (37,679) (42,763) (80,361) (85,109)
NET LOSS (13,365,580) (713,371) (17,699,998) (3,023,617)
ISSUANCE OF ADDITIONAL SHARES DUE TO RESET PROVISIONS     (1,117,447) 0
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (13,365,580) $ (713,371) $ (18,817,445) $ (3,023,617)
NET LOSS PER COMMON SHARE        
BASIC $ (0.24) $ (0.02) $ (0.36) $ (0.10)
DILUTED $ (0.24) $ (0.14) $ (0.36) $ (0.31)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING        
BASIC 56,239,562 30,901,177 52,183,654 29,592,161
DILUTED 56,239,562 30,901,177 52,183,654 29,592,161