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Consolidated Statements of Convertible Redeemable Preferred Stock, Comprehensive Gain (Loss) and Stockholders' (Deficit) Equity (USD $)
Total
Preferred Stock
Common Stock
Additional Paid - In Capital
Deferred Compensation
Accumulated Other Comprehensive Income (Loss)
Deficit Accumulated During Development Stage
Balance at Oct. 15, 1992                     
Balance, shares at Oct. 15, 1992                
Issuance of common stock and warrants, net of issuance costs of $1,928,421 56,458,546   115,168 56,343,378      
Issuance of common stock and warrants, net of issuance costs of $1,928,421, shares     11,516,790        
Issuance of common stock and warrants upon Merger 14,603,948   7,239 14,596,709      
Issuance of common stock and warrants upon Merger, shares     723,947        
Issuance of warrants in connection with debentures, net of issuance costs of $392,958 3,632,632     3,632,632      
Issuance of warrants in connection with preferred series C stock issuance and related beneficial conversion feature, net of issuance costs of $590,890 3,736,789     3,736,789      
Preferred stock, net of issuance costs of $4,078,821 25,584,456 2,296,355   23,288,101      
Preferred stock, net of issuance costs of $4,078,821, shares   240,711          
Conversion of Preferred Stock K and payment of interest, net of issuance costs of $27,664 6,179,186 (1,491,474) 15,538 7,655,122      
Conversion of Preferred Stock K and payment of interest, net of issuance costs of $27,664, shares   (240,149.7) 1,553,749        
Conversion of debentures and payment of interest, net of issuance costs of $307,265 4,847,420   3,171 4,844,249      
Conversion of debentures and payment of interest, net of issuance costs of $307,265, shares     317,083        
Conversion of preferred stock and modification of warrants   (3,501,539) 9,006 3,492,533      
Conversion of preferred stock and modification of warrants, shares   (561.3) 900,646        
Preferred stock conversion inducement (600,564)     (600,564)      
Amortization of preferred stock Series E beneficial conversion feature   2,696,658   (2,696,658)      
Issuance of warrants in connection with Series E Stock, net of issuance costs of $278,426 2,049,297     2,049,297      
Issuance of common stock in connection with cancellation of warrants     427 (427)      
Issuance of common stock in connection with cancellation of warrants, shares     42,667        
Accrual of dividends on preferred Series E stock (573,597)     (573,597)      
Deferred compensation related to stock options and warrants granted       804,607 (804,607)    
Other 69,933   8 69,925      
Other, shares     783        
Exercise of warrants and options 7,596,439   11,850 7,584,589      
Exercise of warrants and options, shares     1,185,039        
Conversion of convertible debentures 988,591   313 988,278      
Conversion of convertible debentures, shares     31,321        
BCF on 10% convertible secured promissory notes 558,000     558,000      
Share-based compensation 4,274,806     3,470,199 804,607    
Modification of stock options 1,804,694     1,804,694      
Issuance of common stock 48,725   3,040 45,685      
Issuance of common stock, shares     304,009        
Accretion of preferred stock (4,327,679)     (4,327,679)      
Comprehensive Income (Loss)              
Net income (loss) (143,503,529)           (143,503,529)
Balance at Dec. 31, 2006                     
Balance, shares at Dec. 31, 2006                
Exercise of warrants and options 145,705   2,022 143,683      
Exercise of warrants and options, shares     202,183        
Conversion of convertible debentures 10,000,000   40,000 9,960,000      
Conversion of convertible debentures, shares     4,000,000        
BCF on 10% convertible secured promissory notes 1,880,000     1,880,000      
Share-based compensation 1,665,155     1,665,155      
Modification of stock options 5,614     5,614      
Comprehensive Income (Loss)              
Unrealized gain (loss) on marketable securities 9,310         9,310  
Net income (loss) (19,548,348)           (19,548,348)
Comprehensive income (loss) (19,539,038)            
Balance at Dec. 31, 2007 (22,414,471)    207,782 140,420,314    9,310 (163,051,877)
Balance, shares at Dec. 31, 2007      20,778,217        
Exercise of warrants and options 2,541   11 2,530      
Exercise of warrants and options, shares     1,100        
Conversion of convertible debentures 120,000   480 119,520      
Conversion of convertible debentures, shares     48,000        
BCF on 10% convertible secured promissory notes 380,000     380,000      
Share-based compensation 1,670,063     1,670,063      
Issuance of common stock 1,085,275   5,718 1,079,557      
Issuance of common stock, shares     571,806        
Comprehensive Income (Loss)              
Unrealized gain (loss) on marketable securities (9,310)         (9,310)  
Net income (loss) (20,847,459)           (20,847,459)
Comprehensive income (loss) (20,856,769)            
Balance at Dec. 31, 2008 (40,013,361)    213,991 143,671,984       (183,899,336)
Balance, shares at Dec. 31, 2008      21,399,123        
Share-based compensation 1,473,083     1,473,083      
Issuance of common stock 2,002,000   41,565 1,960,435      
Issuance of common stock, shares     4,156,522        
Issuance of preferred stock 4,872,812 5,066,919   (192,107)     (2,000)
Issuance of preferred stock, shares   196,000          
Comprehensive Income (Loss)              
Net income (loss) (10,776,937)           (10,776,937)
Comprehensive income (loss) (10,776,937)            
Balance at Dec. 31, 2009 (42,442,403) 5,066,919 255,556 146,913,395       (194,678,273)
Balance, shares at Dec. 31, 2009   196,000 25,555,645        
Share-based compensation 61,722     61,722      
Issuance of common stock     15,000 (15,000)      
Issuance of common stock, shares     1,500,000        
Buyback of common stock (8,100)   (2,700) (5,400)      
Buyback of common stock, shares     (270,000)        
Amortization of legal expenses 18,239 18,239          
Accretion of preferred stock   343,000   (343,000)      
Comprehensive Income (Loss)              
Net income (loss) 512,419           512,419
Comprehensive income (loss) 512,419            
Balance at Dec. 31, 2010 (47,286,281) 5,428,158 267,856 146,611,717       (194,165,854)
Balance, shares at Dec. 31, 2010   196,000 26,785,645        
Conversion of convertible debentures 7,172,412   28,690 7,143,722      
Conversion of convertible debentures, shares     2,868,965        
Share-based compensation 834     834      
Issuance of common stock-debt forgiveness 28,680   3,585 25,095      
Issuance of common stock-debt forgiveness, shares     358,500        
Buyback of common stock at $.0025 per share (7,172)   (28,690) 21,518      
Buyback of common stock at $.0025 per share, shares     (2,868,965)        
Buyback of common stock (11,084)   (11,084)        
Buyback of common stock, shares     (1,108,425)        
Forgiveness of accrued interest on convertible debt 6,132,499     6,132,499      
Conversion of Series F Preferred to common stock   (4,600,000) 46,000 4,554,000      
Conversion of Series F Preferred to common stock, shares   (184,000) 4,600,000        
Forgiveness of accrued interest on note payable-Neurobiologics 195,807     195,807      
Settlement of Neurobiologics note payable 999,000     999,000      
Amortization of legal expenses 6,949 6,949          
Accretion of preferred stock   (486,663)   486,663      
Comprehensive Income (Loss)              
Unrealized gain (loss) on marketable securities (31,367)         (31,367)  
Net income (loss) (2,882,214)           (2,882,214)
Comprehensive income (loss) (2,913,581)            
Balance at Dec. 31, 2011 $ (30,602,223) $ 348,444 $ 306,357 $ 166,170,855    $ (31,367) $ (197,048,068)
Balance, shares at Dec. 31, 2011   12,000 30,635,720