SHARE BASED COMPENSATION (Details Textual) (USD $)
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3 Months Ended | 6 Months Ended | 9 Months Ended | 61 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | 1 Months Ended | 6 Months Ended | ||||||
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Dec. 31, 2011
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Jun. 30, 2012
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Jun. 30, 2011
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Oct. 06, 2011
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Jun. 30, 2012
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Jun. 30, 2012
Incentive Stock Options Plan 2012 [Member]
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Jun. 30, 2012
Incentive Stock Options Plan 2012 [Member]
Share Holderes Holding Percentage Ten Or More [Member]
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Jun. 30, 2012
Incentive Stock Options Plan 2012 [Member]
Share Holders Holding Percentage Less Than Ten [Member]
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Aug. 31, 2011
Stock Option Plan 2010 [Member]
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Jun. 30, 2011
Stock Option Plan 2010 [Member]
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Jun. 30, 2011
Stock Option Plan 2010 [Member]
Restricted Stock Units (Rsus) [Member]
Chief Business [Member]
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Jun. 30, 2011
Stock Option Plan 2010 [Member]
Restricted Stock Units (Rsus) [Member]
Incoming President [Member]
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Apr. 30, 2011
Stock Option Plan 2010 [Member]
Restricted Stock Units (Rsus) [Member]
New Members Of Scientific Advisory Board and Board Of Directors [Member]
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Mar. 31, 2011
Stock Option Plan 2010 [Member]
Restricted Stock Units (Rsus) [Member]
New Members Of Scientific Advisory Board and Board Of Directors [Member]
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Jun. 30, 2011
Stock Option Plan 2010 [Member]
Restricted Stock Units (Rsus) [Member]
New Members Of Scientific Advisory Board and Board Of Directors [Member]
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Fair value of vesting options issued to employees | $ 228,532 | ||||||||||||||
Share-Based Compensation | 296,588 | 228,532 | 93,892 | 139,063 | 915,245 | ||||||||||
Share-Based Compensation Arrangement By Share-Based Payment Award, Options, Grants In Period, Gross (in shares) | 3,500,000 | 3,500,000 | 196,359 | 130,906 | 21,818 | 19,636 | |||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | 4,000,000 | ||||||||||||||
Minimum Exercise Price Description | the exercise price of an Incentive Stock Option should not be less than 110% of fair value of the common stock at the date of the grant for a 10% or more stockholder and 100% of fair value for a grantee who is not 10% stockholder. | ||||||||||||||
Minimum Excercise Price On Percentage Of Fair Value Of Common Stock | 110.00% | 100.00% | |||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period | 5 years | ||||||||||||||
Share Based Compensation Arrangement By Share Based Payment Award Award Expiration Period | 10 years | ||||||||||||||
Common Stock, Capital Shares Reserved for Future Issuance | 4,000,000 | 4,564,641 | |||||||||||||
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized | $ 3,885,044 | ||||||||||||||
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition | 3 years | ||||||||||||||
Percentage Of Shares Vest On Grant Date | 20.00% | 25.00% | |||||||||||||
Percentage Of Shares Vest On Grant Date First Anniversary | 20.00% | 25.00% | |||||||||||||
Percentage Of Shares Vest On Grant Date Second Anniversary | 20.00% | 25.00% | |||||||||||||
Percentage Of Shares Vest On Grant Date Third Anniversary | 20.00% | 25.00% | |||||||||||||
Percentage Of Shares Vest On Grant Date Fourth Anniversary | 20.00% | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Forfeitures | 104,725 | ||||||||||||||
Weighted Average Exercise Price, Options granted | $ 1.50 | ||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | 0 years | ||||||||||||||
Weighted-average grant date fair value (in dollars per share) | $ 1.175 |