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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Research and development revenue $ 315,372 $ 402,527
Costs and expenses:    
Costs of research and development revenue 278,182 327,903
Research and development 755,453 692,370
Research and development - related party 0 389,473
General and administrative 1,653,392 1,428,067
Foreign currency exchange loss (gain), net 10,867 6,034
Total costs and expenses 2,697,894 2,843,847
Loss from operations (2,382,522) (2,441,320)
Interest income 168,383 266,962
Loss before income taxes (2,214,139) (2,174,358)
Provision for income taxes 0 900
Net loss $ (2,214,139) $ (2,175,258)
Basic and diluted net loss per common share (USD per share) $ (0.08) $ (0.08)
Basic and diluted weighted-average common shares outstanding (in shares) 27,452,490 26,713,486