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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (134,880) $ (35,506)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 793 1,356
Foreign currency transaction loss 113,825 21,976
Changes in operating assets and liabilities:    
Research supplies 0 2,437
Grant funds receivable 32,861 (82,516)
Receivables from Development Agreement 10,828 72,521
Prepaid expenses and other current assets 1,680 522
Accounts payable and accrued liabilities (14,546) (57,693)
Deferred revenue (25,656) 42,542
Other liabilities 12,142 0
NET CASH USED IN OPERATING ACTIVITIES (2,953) (34,361)
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS 14,981 4,643
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 12,028 (29,718)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 141,668 237,288
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 153,696 $ 207,570