XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Balance Sheets (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 419,984 $ 99,716
Investments in available-for-sale securities 2,141,817 2,526,542
Other current assets 15,516 32,054
Total current assets 2,577,317 2,658,312
Total Assets 2,577,317 2,658,312
Current liabilities:    
Accounts payable 18,000 18,001
Conversion feature liability 64,721 76,236
Total current liabilities 82,721 94,237
Commitments and contingencies      
Redeemable convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 168 shares issued and outstanding ($168,496 aggregate liquidation value) 168,496 168,496
Stockholders' equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 8,802,073 and 8,650,417 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 88,020 86,504
Common stock to be issued 12,500 12,500
Additional paid-in capital 64,443,986 64,405,084
Accumulated deficit (62,227,288) (62,094,561)
Accumulated other comprehensive (income) loss 8,882 (13,948)
Total stockholders' equity 2,326,100 2,395,579
Total liabilities and stockholders' equity $ 2,577,317 $ 2,658,312