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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 1,583,819 $ 1,167,980
Grant funds receivable 248,535 183,515
Prepaid expenses and other current assets 46,912 66,508
Total current assets 1,879,266 1,418,003
Property and equipment, net of accumulated depreciation and amortization of $411,374 and $356,084 at September 30, 2012 and December 31, 2011, respectively 120,916 176,206
Other assets:    
Licenses, net of accumulated amortization of $233,875 and $208,933 at September 30, 2012 and December 31, 2011, respectively 24,981 39,923
Deposits and other assets 11,010 11,010
Total other assets 35,991 50,933
Total assets 2,036,173 1,645,142
Current liabilities:    
Accounts payable 69,363 138,339
Accrued expenses 102,372 125,869
Amounts payable to Emory University (a related party) 166,176 677,327
Total current liabilities 337,911 941,535
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; 788 and -0- shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 312,196  
Common stock, $0.001 par value, 40,000,000 shares authorized; 18,733,277 and 16,442,611 shares issued and outstanding at September 30, 2012 and December 31, 2011, respectively 18,733 16,443
Additional paid-in capital 25,524,390 23,319,166
Deficit accumulated during the development stage (24,157,057) (22,632,002)
Total stockholders’ equity 1,698,262 703,607
Total liabilities and stockholders’ equity $ 2,036,173 $ 1,645,142