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Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues, principally from grants $ 405,820 $ 444,642 $ 1,213,825 $ 780,438
Cost of revenues (349,511) (349,093) (903,548) (622,866)
Gross profit 56,309 95,549 310,277 157,572
Operating expenses:        
Research and development 1,307,051 1,070,711 2,563,186 2,669,002
General and administrative 450,179 544,506 1,014,091 1,082,603
Stock-based compensation – research and development 206,671 39,948 323,340 80,152
Stock-based compensation – general and administrative 25,198 20,654 65,296 42,713
Total operating expenses 1,989,099 1,675,819 3,965,913 3,874,470
Loss from operations (1,932,790) (1,580,270) (3,655,636) (3,716,898)
Other income:        
Interest income, net 1,473 2,977 3,908 3,345
Net loss $ (1,931,317) $ (1,577,293) $ (3,651,728) $ (3,713,553)
Basic and diluted net loss per share $ (0.01) $ (0.01) $ (0.02) $ (0.02)
Basic and diluted weighted average common shares outstanding 217,998,049 190,751,511 217,424,979 188,644,289