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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues $ 2,500 $ 5,000 $ 7,917 $ 14,167
Operating expenses:        
Research and development expenses 3,392,086 2,109,880 9,887,750 5,747,922
General and administrative expenses 1,807,934 2,001,865 4,925,389 7,061,129
Total operating expenses 5,200,020 4,111,745 14,813,139 12,809,051
Operating loss (5,197,520) (4,106,745) (14,805,222) (12,794,884)
Other income (expense):        
Interest income 24,149 13,127 53,802 55,267
Interest expense (464,197) (361,619) (1,377,004) (1,191,976)
Warrant modification expense 0 0 0 (3,109,850)
Loss from change in fair value of derivative instruments 0 0 0 (334,133)
Other income (expense) 0 0 (10,326) 250,000
Total other income (expense) (440,048) (348,492) (1,333,528) (4,330,692)
Net loss $ (5,637,568) $ (4,455,237) $ (16,138,750) $ (17,125,576)
Net loss per share - basic and diluted (in dollars per share) $ (0.06) $ (0.05) $ (0.18) $ (0.2)
Weighted average common shares outstanding - basic and diluted (in shares) 91,569,826 87,366,234 90,532,073 86,777,197
Comprehensive loss:        
Net loss $ (5,637,568) $ (4,455,237) $ (16,138,750) $ (17,125,576)
Foreign currency translation adjustment (2,275) 3 (2,280) (1,131)
Comprehensive loss $ (5,639,843) $ (4,455,234) $ (16,141,030) $ (17,126,707)