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Condensed Statements of Operations (USD $)
3 Months Ended 6 Months Ended 53 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Operating expenses:          
Research and development $ 291,031 $ 97,219 $ 555,554 $ 120,138 $ 1,079,511
General and administrative 734,368 610,061 1,334,093 1,479,329 5,304,009
Total operating expenses 1,025,399 707,280 1,889,647 1,599,467 6,383,520
Loss from operations (1,025,399) (707,280) (1,889,647) (1,599,467) (6,383,520)
Other income (expense):          
Interest income 6,191 1,045 6,556 1,045 10,349
Interest expense (516) 0 (1,339) 0 (1,497)
Total other income (expense) 5,675 1,045 5,217 1,045 8,852
Net loss $ (1,019,724) $ (706,235) $ (1,884,430) $ (1,598,422) $ (6,374,668)
Net Loss per share - basic and fully diluted (in dollars per share) $ (0.13) $ (0.16) $ (0.29) $ (0.52) $ (1.99)
Weighted average number of shares outstanding - basic and fully diluted (in shares) 7,705,116 4,504,688 6,429,215 3,052,036 3,208,812