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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (USD $)
3 Months Ended 9 Months Ended 206 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Income Taxes          
Income tax benefit, net $ (730,000) $ (419,000) $ (1,218,000) $ (714,000) $ (21,013,000)
Research and development tax credits from the HRMC     1,200,000    
Net loss per common share          
Total shares excluded from calculation     2,219,143 3,002,901  
Taxes recorded on items of other comprehensive income     $ 0    
Stock options
         
Net loss per common share          
Total shares excluded from calculation     487,719 480,415  
Restricted stock units
         
Net loss per common share          
Total shares excluded from calculation     119,248 40,121  
Convertible preferred stock
         
Net loss per common share          
Total shares excluded from calculation     20,381 73,747  
Contingently issuable shares and common stock warrants associated with Economic Rights
         
Net loss per common share          
Total shares excluded from calculation       435,187  
Common stock warrants
         
Net loss per common share          
Total shares excluded from calculation     1,591,795 1,973,431