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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]    
Licensing revenues $ 0 $ 57,321
Operating expenses:    
Research and development 2,788,938 4,634,287
Selling, general and administrative 4,325,645 7,350,231
Impairment charge 9,625,000 0
Loss on disposal of property and equipment 278,816 1,114
Depreciation and amortization 521,860 392,727
Total operating expenses 17,540,259 12,378,359
Loss from operations (17,540,259) (12,321,038)
Other income (expense):    
Financing loss (4,720,000) 0
Amortization of deferred financing costs 0 (3,549,328)
Interest expense (15,343) (1,176)
Other income 0 1,888
Gain on revaluation of derivative warrant liability 81,155 911,000
Other income (expense), net (4,654,188) (2,637,616)
Net loss before taxes (22,194,447) (14,958,654)
State income taxes 3,420 4,000
Net loss (22,197,867) (14,962,654)
Deemed dividend on beneficial conversion feature convertible preferred stock 0 (350,000)
Net loss applicable to common shareholders $ (22,197,867) $ (15,312,654)
Net loss per common share, basic and diluted $ (1.98) $ (1.24)
Basic and diluted weighted average common shares outstanding 11,231,418 12,308,254