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Condensed Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
License revenue $ 38,095 $ 38,095 $ 76,190 $ 76,190
Research and development:        
Noncash stock expense associated with in- licensing agreement 1,211,250 0 1,211,250 0
Noncash compensation 3,300,111 366,168 5,201,721 720,871
Other research and development 2,336,771 4,661,455 4,845,029 5,876,657
Total research and development 6,848,132 5,027,623 11,258,000 6,597,528
General and administrative:        
Noncash compensation 4,438,735 1,007,600 6,768,563 2,538,374
Other general and administrative 706,725 631,637 1,610,249 1,283,094
Total general and administrative 5,145,460 1,639,237 8,378,812 3,821,468
Total costs and expenses 11,993,592 6,666,860 19,636,812 10,418,996
Operating loss (11,955,497) (6,628,765) (19,560,622) (10,342,806)
Other (income) expense:        
Interest income (12,727) (1,177) (26,201) (2,679)
Other income 0 0 (95,427) 0
Interest expense 234,787 240,014 461,127 471,486
Change in fair value of notes payable (191,127) (283,050) (366,442) (553,450)
Total other (income) expense 30,933 (44,213) (26,943) (84,643)
Consolidated net loss $ (11,986,430) $ (6,584,552) $ (19,533,679) $ (10,258,163)
Basic and diluted net loss per common share (in dollars per share) $ (0.36) $ (0.29) $ (0.62) $ (0.46)
Weighted average shares used in computing basic and diluted net loss per common share (in shares) 32,985,130 22,483,394 31,546,060 22,213,335