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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
Stock-based compensation expense recognized was as follows:
 
 
 
Three Months Ended March 31,
 
 
 
2015
 
2014
 
 
 
(Unaudited)
 
(Unaudited)
 
Research and development expense
 
$
29,000
 
$
38,000
 
General and administrative expense
 
 
23,000
 
 
196,000
 
Total stock-based compensation expense
 
$
52,000
 
$
234,000
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option activity for the three months ended March 31, 2015:
 
 
 
 
 
 
Options Outstanding
 
 
 
Shares
 
 
 
Weighted Average
 
Average Remaining
 
 
 
 
 
Available for
 
 
 
Exercise
 
Contractual Term
 
Intrinsic
 
 
 
Grant
 
Shares
 
Price
 
(Years)
 
Value
 
Balance, December 31, 2014
 
 
39,250,000
 
 
22,034,747
 
$
0.19
 
 
8.18
 
$
640,837
 
Granted
 
 
 
 
 
 
 
 
 
 
 
Exercised
 
 
 
 
 
 
 
 
 
 
 
Forfeited
 
 
 
 
 
 
 
 
 
 
 
Expired
 
 
 
 
 
 
 
 
 
 
 
Balance, March 31, 2015
 
 
39,250,000
 
 
22,034,747
 
$
0.19
 
 
7.93
 
$
2,561,000
 
Vested or expected to vest at March 31, 2015
 
 
 
 
 
21,890,939
 
$
0.19
 
 
7.92
 
$
2,547,000
 
Exercisable at March 31, 2015
 
 
 
 
 
19,995,058
 
$
0.18
 
 
7.92
 
$
2,396,000
 
Schedule of Common Stock, Capital Shares Reserved for Future Issuance [Table Text Block]
As of March 31, 2015, the Company had reserved shares of its common stock for future issuance as follows:
 
 
 
Shares Reserved
 
Stock options outstanding
 
 
22,034,747
 
Available for future grants under the Stock Incentive Plan
 
 
39,250,000
 
Warrants
 
 
63,314,696
 
Total Shares reserved
 
 
124,599,443