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Condensed Consolidated Balance Sheets (USD $)
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 2,240,486 $ 1,167,980
Grant funds receivable 345,112 183,515
Prepaid expenses and other current assets 47,935 66,508
Total current assets 2,633,533 1,418,003
Property and equipment, net of accumulated depreciation and amortization of $374,514 and $356,084 at March 31, 2012 and December 31, 2011, respectively 157,776 176,206
Other assets:    
Licenses, net of accumulated amortization of $213,913 and $208,933 at March 31, 2012 and December 31, 2011, respectively 34,942 39,923
Deposits and other assets 11,010 11,010
Total other assets 45,952 50,933
Total assets 2,837,261 1,645,142
Current liabilities:    
Accounts payable 184,136 138,339
Accrued expenses 33,105 125,869
Amounts payable to Emory University (a related party) 292,958 677,327
Total current liabilities 510,199 941,535
Commitments (Note 4)      
Stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized; Series A convertible preferred stock, $1,000 stated value; 2,200 and -0- shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 871,614  
Common stock, $0.001 par value, 40,000,000 shares authorized; 16,850,610 and 16,442,611 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 16,851 16,443
Additional paid-in capital 24,801,112 23,319,166
Deficit accumulated during the development stage (23,362,515) (22,632,002)
Total stockholders’ equity 2,327,062 703,607
Total liabilities and stockholders’ equity $ 2,837,261 $ 1,645,142