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Note 14 - Selected Quarterly Financial Data (unaudited)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

14. Selected Quarterly Financial Data (unaudited)

A summary of selected quarterly financial data for 2013 and 2012 is as follows:

	2013 Quarter Ended
	March 31			June 30			September 30			December 31
Revenue from grants	$	797,040		$	441,561		$	1,004,211		$	174,738
Net loss		(696,797	)		(526,284	)		(190,148	)		(871,714	)
Net loss per share		(0.03	)		(0.02	)		(0.01	)		(0.04	)

	2012 Quarter Ended
	March 31			June 30			September 30			December 31
Revenue from grants	$	854,063		$	705,698		$	638,000		$	459,566
Net loss		(730,513	)		(497,763	)		(296,779	)		(610,085	)
Net loss per share		(0.04	)		(0.03	)		(0.02	)		(0.03	)

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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