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INCOME TAXES (Details 1) (USD $)
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Dec. 31, 2011
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Dec. 31, 2010
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| Deferred tax assets | ||
| Federal net operating loss | $ 19,447,371 | $ 6,116,804 |
| Federal research and development tax credit carryforwards | 1,956,146 | 390,600 |
| State net operating loss | 2,444,816 | 814,492 |
| State research and development tax credit carryforwards | 597,608 | 220,738 |
| Capitalized research and development expenses | 13,007,013 | 0 |
| Capital loss carryforward (expires beginning in 2012) | 340,000 | 0 |
| Stock-based compensation expense | 333,206 | 552,859 |
| Intangible assets | 555,198 | 0 |
| Charitable contribution carryforwards | 44,370 | 49,725 |
| Accrued liabilities | 35,314 | 25,327 |
| Total deferred tax assets | 38,761,042 | 8,170,545 |
| Deferred tax liabilities | ||
| Depreciable assets | (346,870) | (434,056) |
| Total deferred tax liabilities | (346,870) | (434,056) |
| Net deferred tax assets | 38,414,172 | 7,736,489 |
| Less valuation allowance | (38,414,172) | (7,736,489) |
| Total deferred tax assets | $ 0 | $ 0 |
| X | ||||||||||
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- Definition
Amount of deferred tax assets attributable to taxable temporary differences from research and development costs. No definition available.
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- Definition
Amount of deferred tax assets operating loss. No definition available.
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- Definition
Value of deferred tax assets of operating loss. No definition available.
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- Definition
Amount of deferred tax assets tax credit carry forwards domestic research and development. No definition available.
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- Definition
Amount of deferred tax assets tax credit carry forwards state and local research and development. No definition available.
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- Definition
Amount before allocation of valuation allowances of deferred tax liability to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible capital loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible charitable contribution carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from intangible assets including goodwill. No definition available.
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from share-based compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from accrued liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences from property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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