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Consolidated Balance Sheets (USD $) | Dec. 31, 2013 | Dec. 31, 2012
--- | --- | ---
Current assets: |  |
Cash and cash equivalents | $ 2,513,861 | $ 1,035,925
Grant funds receivable | 140,909 | 266,248
Prepaid expenses and other current assets | 43,569 | 42,301
Total current assets | 2,698,339 | 1,344,474
Property and equipment, net | 120,227 | 102,486
Other assets | 21,010 | 31,010
Total assets | 2,839,576 | 1,477,970
Current liabilities: |  |
Accounts payable | 155,943 | 163,788
Accrued expenses | 96,406 | 33,877
Amounts payable to Emory University (a related party) | 60,000 | 129,370
Total current liabilities | 312,349 | 327,035
Commitments (Note 6) |  |
Common stock, $.001 par value: |  |
Issued and outstanding shares – 23,765,180 and 18,733,277 at December 31, 2013 and 2012, respectively | 23,765 | 18,733
Additional paid-in capital | 28,239,392 | 25,587,148
Deficit accumulated during the development stage | (27,052,085) | (24,767,142)
Total stockholders’ equity | 2,527,227 | 1,150,935
Total liabilities and stockholders’ equity | 2,839,576 | 1,477,970
Series A Convertible Preferred Stock [Member] |  |
Current liabilities: |  |
Preferred stock | 60,586 | 312,196
Series B Convertible Preferred Stock [Member] |  |
Current liabilities: |  |
Preferred stock | $ 1,255,569 |

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