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Statements of Operations (USD $)
12 Months Ended 71 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Co-development revenue $ 93,000 $ 0 $ 93,000
Cost of co-development revenue 88,000 0 88,000
Gross profit 5,000 0 5,000
Operating expenses:      
Research and development 1,851,000 1,184,000 3,559,000
General and administrative 3,450,000 3,026,000 10,446,000
Total operating expenses 5,301,000 4,210,000 14,005,000
Loss from operations (5,296,000) (4,210,000) (14,000,000)
Other income (expense):      
Interest income 11,000 22,000 37,000
Interest expense 0 (1,000) (1,000)
Total other income (expense) 11,000 21,000 36,000
Net Loss $ (5,285,000) $ (4,189,000) $ (13,964,000)
Net Loss per share - basic and fully diluted (in dollars per share) $ (0.60) $ (0.55) $ (3.02)
Weighted average number of shares outstanding - basic and fully diluted (in shares) 8,795,810 7,596,962 4,618,583