XML 28 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Statements of Operations (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating expenses:    
Research and development $ 2,419,961us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 1,852,116us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
General and administrative 1,025,261us-gaap_GeneralAndAdministrativeExpense 1,070,479us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 3,445,222us-gaap_OperatingExpenses 2,922,595us-gaap_OperatingExpenses
Loss from operations (3,445,222)us-gaap_OperatingIncomeLoss (2,922,595)us-gaap_OperatingIncomeLoss
Other income (expense):    
Interest income 1,522us-gaap_InvestmentIncomeNonoperating 4,055us-gaap_InvestmentIncomeNonoperating
Interest expense (77,048)us-gaap_InterestExpense (36,944)us-gaap_InterestExpense
Total other expense (75,526)us-gaap_NonoperatingIncomeExpense (32,889)us-gaap_NonoperatingIncomeExpense
Net loss $ (3,520,748)us-gaap_NetIncomeLoss $ (2,955,484)us-gaap_NetIncomeLoss
Net loss per common share, basic and diluted $ (0.58)us-gaap_EarningsPerShareBasicAndDiluted $ (0.49)us-gaap_EarningsPerShareBasicAndDiluted
Weighted-average shares used to compute basic and diluted net loss per share 6,103,783us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 6,002,936us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted