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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Royalty and licensing revenue $ 3,053,000 $ 3,750,000 $ 4,702,000 $ 3,750,000
Treatment investment revenue 53,000 22,000 107,000 33,000
Grant revenue 44,000 0 44,043 0
Total revenue 3,150,000 3,772,000 4,853,000 3,783,000
Operating expenses        
General and administrative 2,857,000 1,850,000 5,822,000 3,708,000
Research and development 1,616,000 1,383,000 4,036,000 2,272,000
License fees 0 0 5,625,000 0
Selling expenses 0 328,000 0 413,000
Total operating expenses 4,473,000 3,561,000 15,483,000 6,393,000
Income (loss) from operations (1,323,000) 211,000 (10,630,000) (2,610,000)
Other income (expense)        
Interest income, net 6,000 12,000 11,000 21,000
Loss on settlement of liability (50,000) 0 (50,000) 0
Gain (Loss) on foreign exchange (30,000) 16,000 (38,000) 31,000
Total other income (expense) (74,000) 28,000 (77,000) 52,000
Income (loss) before provision for income taxes (1,397,000) 239,000 (10,707,000) (2,558,000)
Provision for income taxes 0 0 33,000 0
Net income (loss) $ (1,396,557) $ 238,707 $ (10,740,195) $ (2,557,952)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ (0.52) $ 0.12 $ (4.11) $ (1.27)
Diluted (in dollars per share) $ (0.52) $ 0.11 $ (4.11) $ (1.27)
Weighted average shares outstanding used to compute net income (loss) per share:        
Basic (in shares) 2,679,910 2,020,380 2,611,245 2,015,192
Diluted (in shares) 2,679,910 2,144,921 2,611,245 2,015,192