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Stock Options (Tables)
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
Following is a summary of the amount included as stock-based compensation expense in the accompanying consolidated statements of operations and comprehensive loss:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30, 2014
 
June 30, 2013
 
June 30, 2014
 
June 30, 2013
 
Stock options:
 
 
 
 
 
 
 
 
 
 
 
 
 
General and administrative expense
 
$
195,000
 
$
733,000
 
$
390,000
 
$
845,000
 
Research and development expense
 
 
40,000
 
 
70,000
 
 
78,000
 
 
113,000
 
Total stock-based compensation expense
 
$
235,000
 
$
803,000
 
$
468,000
 
$
958,000
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes Option activity:
 
 
 
Shares
 
Weighted Average Exercise
Price
 
Average Remaining
Contractual Term
(Years)
 
Intrinsic Value
 
Outstanding at December 31, 2013
 
 
25,721,000
 
$
0.20
 
 
9.15
 
$
6,451,441
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
 
 
 
 
 
 
 
 
 
Expired
 
 
2,000
 
 
13.10
 
 
 
 
 
 
 
Outstanding at June 30, 2014
 
 
25,719,000
 
$
0.19
 
 
8.63
 
$
6,442,700
 
Exercisable at June 30, 2014
 
 
11,651,493
 
$
0.19
 
 
8.65
 
$
3,017,673
 
Schedule of Common Stock, Capital Shares Reserved for Future Issuance [Table Text Block]
As of June 30, 2014, the Company had reserved shares of its common stock for future issuance as follows:
 
 
 
Shares Reserved
 
Stock options outstanding
 
 
25,719,000
 
Available for future grants under the 2013 Stock Incentive Plan
 
 
40,000,000
 
Warrants
 
 
38,890,451
 
Total Shares reserved
 
 
104,609,451