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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue:    
Licensing revenue $ 0 $ 0
Expenses:    
Research and development 4,401,515 4,820,708
General and administrative 1,914,715 2,049,463
Total expense 6,316,230 6,870,171
Loss before other income (6,316,230) (6,870,171)
Other income:    
Interest income 35,458 55,428
Other income, net 34,059 37,031
Loss (gain) on warrant derivative liability (3,888,166) 600,473
Loss before provision for income taxes (10,134,879) (6,177,239)
Provision for income taxes 0 97,996
Net loss $ (10,134,879) $ (6,275,235)
Basic and diluted net loss per share (in dollars per share) $ (0.07) $ (0.06)
Basic and diluted weighted-average shares outstanding (in shares) 148,427,069 109,213,838