XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Option Revenue $ 307,686 $ 348,837 $ 656,523 $ 568,937
Research and development 3,409,210 2,223,030 6,220,349 3,844,396
General and administrative 967,367 750,605 2,070,247 1,853,040
Depreciation and amortization 98,658 88,898 194,244 167,209
Operating loss (4,167,549) (2,713,696) (7,828,317) (5,295,708)
Interest income 4,290 3,066 9,484 4,940
Other income and expense, net          37,910
Interest expense    (285,800)    (1,921,054)
Net loss $ (4,163,259) $ (2,996,430) $ (7,818,833) $ (7,173,912)
Basic and diluted loss per share $ (0.15) $ (0.37) $ (0.28) $ (0.94)
Weighted average shares outstanding - Basic and diluted 27,661,675 7,991,559 27,623,358 7,617,409