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Income Taxes
 3 Months Ended
Mar. 31, 2012
Income Tax Disclosure [Abstract]  
Income Tax Disclosure [Text Block]

Income Taxes

Since inception, the Company has incurred losses from operations and as a result has not recorded income tax expense. Benefits related to net operating loss carryforwards and deferred items have been fully reserved since it was not more likely than not that the Company would achieve profitable operations.

The Company applied for state research and development refundable credits for the years ended December 31, 2006 through 2009. In April 2012, the Company received $448,297 relating to these credits for the years 2006 through 2008. The Company expects to collect an additional $165,100 relating to these credits for the year ended December 31, 2009. The Company currently does not expect to collect additional credits for subsequent years. In connection with these refundable credits $613,397 has been included with prepaid expenses and other current assets in the accompanying balance sheet as of March 31, 2012. In addition, $61,340 is included with accrued expenses and other current liabilities on the accompanying balance sheet as of March 31, 2012 relating to professional fees to be paid associated with securing these refundable credits.