XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating expenses:        
Research and development $ 2,717,698 $ 1,339,343 $ 5,505,953 $ 5,449,568
General and administrative 984,047 830,092 3,065,595 2,770,500
Total operating expenses 3,701,745 2,169,435 8,571,548 8,220,068
Loss from operations (3,701,745) (2,169,435) (8,571,548) (8,220,068)
Other income (expense):        
Interest income (expense), net 2,822 (123,209) 5,452 (268,483)
Financing costs related to warrant liability   (533,692)   (533,692)
Change in fair value of warrant liability (1,544,138) (198,945) (3,354,973) (198,945)
Total other expense, net (1,541,316) (855,846) (3,349,521) (1,001,120)
Net loss $ (5,243,061) $ (3,025,281) $ (11,921,069) $ (9,221,188)
Net loss per share of common stock, basic $ (0.34) $ (0.29) $ (0.81) $ (1.11)
Net loss per share of common stock, diluted $ (0.34) $ (0.29) $ (0.89) $ (1.11)
Weighted-average shares used to compute basic net loss per share 15,351,295 10,614,692 14,740,977 8,341,750
Weighted-average shares used to compute diluted net loss per share 15,351,295 10,614,692 14,766,853 8,341,750