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Balance Sheets (USD $)
Dec. 31, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 422,984 $ 40,361
Investment in available-for-sale securities 2,491,773 4,015,544
Other current assets 21,868 47,160
Total current assets 2,936,625 4,103,065
Other assets:    
Cost-basis investment 1,000,000  
Total assets 3,936,625 4,103,065
Current liabilities:    
Accounts payable 5,451 4,951
Accrued stock compensation 15,625 25,000
Conversion feature liability (Note 7) 81,101  
Rent deposit   8,175
Total current liabilities 102,177 38,126
Commitments and contingencies      
Stockholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 8,028,779 and 7,822,314 shares issued and outstanding at December 31, 2011 and 2010, respectively 80,287 78,222
Additional paid-in capital 64,292,551 64,225,865
Accumulated deficit (60,681,860) (60,419,109)
Accumulated other comprehensive income (loss) (25,026) 11,465
Total stockholders' equity 3,665,952 3,896,443
Total liabilities and stockholders' equity 3,936,625 4,103,065
Redeemable Convertible Preferred Stock
   
Liabilities and stockholders' equity    
Redeemable convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 168 shares issued and outstanding ($168,496 aggregate liquidation value) $ 168,496 $ 168,496