Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Loss

v2.4.0.8
Consolidated Statements of Comprehensive Loss (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Statement Of Income And Comprehensive Income [Abstract]    
Revenue $ 1,000,000 $ 293,603
Cost of revenue   44,838
Gross profit 1,000,000 248,765
Operating costs and expenses:    
Research and development 3,060,306 1,943,504
General and administrative 6,553,163 3,561,898
Impairment of In-Process Research and Development   1,087,638
Total operating costs and expenses 9,613,469 6,593,040
Loss from operations (8,613,469) (6,344,275)
Other income (expense):    
Interest income 34,855 67,674
Interest expense (632) (51,739)
Total other income (expense) 34,223 15,935
Loss before income taxes (8,579,246) (6,328,340)
Income tax      
Net loss (8,579,246) (6,328,340)
Other comprehensive (loss) income    
Foreign currency translation adjustment (15,344) 1,170,501
Total comprehensive loss $ (8,594,590) $ (5,157,839)
Net loss per share of common stock, basic and diluted $ (0.07) $ (0.05)
Weighted-average shares of common stock outstanding, basic and diluted 119,836,558 119,828,687