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Condensed Statements of Operations (USD $)
3 Months Ended 9 Months Ended 68 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Co-development revenue $ 50,000 $ 0 $ 50,000 $ 0 $ 50,000
Cost of co-development revenue 34,000 0 34,000 0 34,000
Gross profit 16,000 0 16,000 0 16,000
Operating expenses:          
Research and development 470,000 331,000 1,466,000 887,000 3,174,000
General and administrative 911,000 811,000 2,685,000 2,145,000 9,681,000
Total operating expenses 1,381,000 1,142,000 4,151,000 3,032,000 12,855,000
Loss from operations (1,365,000) (1,142,000) (4,135,000) (3,032,000) (12,839,000)
Other income (expense):          
Interest income 3,000 10,000 10,000 16,000 36,000
Interest expense 0 0 0 (1,000) (1,000)
Total other income (expense) 3,000 10,000 10,000 15,000 35,000
Net Loss $ (1,362,000) $ (1,132,000) $ (4,125,000) $ (3,017,000) $ (12,804,000)
Net Loss per share - basic and fully diluted (in dollars per share) $ (0.15) $ (0.13) $ (0.47) $ (0.42) $ (2.89)
Weighted average number of shares outstanding - basic and fully diluted (in shares) 8,801,402 8,752,015 8,790,801 7,209,133 4,432,985