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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenue:        
Option Revenue $ 726,292 $ 307,686 $ 1,103,745 $ 656,523
Research and development 2,795,858 3,409,210 5,432,857 6,220,349
General and administrative 1,345,624 967,367 2,351,754 2,070,247
Depreciation and amortization 94,002 98,658 190,984 194,244
Operating loss (3,509,192) (4,167,549) (6,871,850) (7,828,317)
Interest income, net 2,337 4,290 3,068 9,484
Other income, net 9,974 0 21,021 0
Net loss $ (3,496,881) $ (4,163,259) $ (6,847,761) $ (7,818,833)
Basic and diluted loss per share $ (0.07) $ (0.15) $ (0.18) $ (0.28)
Weighted average shares outstanding - Basic and diluted 49,769,294 27,661,675 39,061,510 27,623,358