General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 12 Months Ended 67 Months Ended 70 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Mar. 31, 2013
COSTS AND EXPENSES:            
Research and development $ 740,629 $ 397,628 $ 2,583,308 $ 1,158,167 $ 4,535,262 $ 5,275,891
General and administrative 1,260,596 762,737 4,078,102 2,220,361 8,333,349 9,593,945
Total operating expenses 2,001,225 1,160,365 6,661,410 3,378,528 12,868,611 14,869,836
Operating Loss (2,001,225) (1,160,365) (6,661,410) (3,378,528) (12,868,611) (14,869,836)
Gain on extinguishment of debt 0 0 0 0 7,908 7,908
Other income 0 0 1,875 0 1,875 1,875
Change in fair value of warrants liability 0 47,023 (1,177,026)   (1,177,026) (1,177,026)
Interest and other financing costs, net 22 (901,646) (1,613,039) (91,585) (1,808,426) (1,808,404)
NET LOSS $ (2,001,203) $ (2,014,988) $ (9,449,600) $ (3,470,113) $ (15,844,280) $ (17,845,483)
Net loss per common share, basic and diluted (in dollars per share) $ (0.93) $ (1.27) $ (5.58) $ (3.24)    
Weighted average common shares outstanding, basic and diluted (in shares) 2,159,156 1,582,544 1,693,436 1,071,295