XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue:        
Option Revenue $ 307,686 $ 348,837 $ 964,209 $ 917,774
Research and development 3,173,538 2,494,463 9,393,887 6,338,859
General and administrative 917,335 626,668 2,987,582 2,479,708
Depreciation and amortization 97,364 90,935 291,608 258,144
Operating loss (3,880,551) (2,863,229) (11,708,868) (8,158,937)
Interest income 3,456 4,448 12,940 9,388
Other income, net 0 0 0 37,910
Loss on extinguishment of debt 0 (2,518,912) 0 (2,518,912)
Interest expense (958) (346,239) (958) (2,267,293)
Net loss $ (3,878,053) $ (5,723,932) $ (11,696,886) $ (12,897,844)
Basic and diluted loss per share $ (0.14) $ (0.39) $ (0.42) $ (1.29)
Weighted average shares outstanding - Basic and diluted 27,826,615 14,721,474 27,691,855 10,011,453