XML 27 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating expenses:        
Research and development $ 2,188,138 $ 2,874,977 $ 4,608,099 $ 4,727,093
General and administrative 976,418 616,888 2,001,679 1,687,367
Total operating expenses 3,164,556 3,491,865 6,609,778 6,414,460
Loss from operations (3,164,556) (3,491,865) (6,609,778) (6,414,460)
Other income (expense):        
Interest income 1,129 3,215 2,651 7,270
Interest expense (77,736) (58,390) (154,784) (95,334)
Total other expense (76,607) (55,175) (152,133) (88,064)
Net loss $ (3,241,163) $ (3,547,040) $ (6,761,911) $ (6,502,524)
Net loss per common share, basic and diluted $ (0.52) $ (0.59) $ (1.10) $ (1.08)
Weighted-average shares used to compute basic and diluted net loss per share 6,212,803 6,027,672 6,157,226 6,015,310