XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (Current Period Unaudited) (USD $)
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 1,371,802 $ 2,513,861
Grant funds receivable   140,909
Prepaid expenses and other current assets 29,161 43,569
Total current assets 1,400,963 2,698,339
Property and equipment, net 103,647 120,227
Other assets 16,010 21,010
Total assets 1,520,620 2,839,576
Current liabilities:    
Accounts payable 115,376 155,943
Accrued expenses 10,918 96,406
Amounts payable to Emory University (a related party) 111,200 60,000
Total current liabilities 237,494 312,349
Commitments (Note 5)      
Stockholders’ equity:    
Issued and outstanding shares – 25,168,037 and 23,765,180 at June 30, 2014 and December 31, 2013, respectively 25,168 23,765
Additional paid-in capital 28,669,528 28,239,392
Deficit accumulated during the development stage (28,347,540) (27,052,085)
Total stockholders’ equity 1,283,126 2,527,227
Total liabilities and stockholders’ equity 1,520,620 2,839,576
Series A Convertible Preferred Stock [Member]
    
Stockholders’ equity:    
Preferred stock   60,586
Series B Convertible Preferred Stock [Member]
    
Stockholders’ equity:    
Preferred stock $ 935,970 $ 1,255,569