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Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating activities:    
Net loss $ (2,418,633) $ (3,651,728)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 108,753 105,443
Common stock or warrants issued in exchange for services 3,000 11,184
Restricted Stock issued to employee 10,000   
Stock-based compensation 235,002 388,636
Change in operating assets and liabilities:    
Grants receivable 122,874 (215,773)
Other receivable 574,157 247,542
Prepaid expenses (54,216) 95,859
Accounts payable (83,987) (300,201)
Accrued compensation (57,575) (187,279)
Total adjustments 858,008 145,411
Net cash used in operating activities (1,560,625) (3,506,317)
Investing activities:    
Acquisition of intangible assets 0 (112,398)
Purchase of office equipment (4,755) 0
Net cash used in investing activities (4,755) (112,398)
Financing activities:    
Proceeds from sale of common stock pursuant to equity line    255,000
Proceeds from exercise of options and warrants    68,750
Net cash provided by financing activities    323,750
Net (decrease) in cash and cash equivalents (1,565,380) (3,294,965)
Cash and cash equivalents at beginning of period 5,996,668 7,451,714
Cash and cash equivalents at end of period $ 4,431,288 $ 4,156,749