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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Option Revenue $ 0 $ 726,291 $ 0 $ 1,452,582
Research and development (796) 1,814,940 205,228 3,644,002
General and administrative 678,660 953,582 1,398,529 1,940,830
Depreciation and amortization 0 65,653 0 138,242
Operating loss (677,864) (2,107,884) (1,603,757) (4,270,492)
Interest income (expense), net (302) 414 (1,148) 522
Other income (expense), net (26) 2,749 441 4,855
Net loss $ (678,192) $ (2,104,721) $ (1,604,464) $ (4,265,115)
Basic and diluted loss per share $ (0.09) $ (0.30) $ (0.21) $ (0.61)
Weighted average shares outstanding - Basic and diluted 7,657,332 6,995,686 7,627,715 6,989,298