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Condensed consolidated and combined statements of operations and comprehensive loss (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating expenses        
Research and development $ 5,323,015 $ 3,027,206 $ 11,753,749 $ 4,847,276
General and administrative 986,870 389,862 2,802,867 1,085,586
Total operating expenses 6,309,885 3,417,068 14,556,616 5,932,862
Other income (expenses)        
Bank charges and financing costs (2,455) (1,643) (458,651) (5,246)
Change in fair value of derivative liabilities (Note 8) 29,388 24,871 957,818 972,757
Amortization and extinguishment of remaining discount on preferred shares upon conversion of preferred shares   (120,762) (1,884,233) (265,650)
Other income (expenses) (1,350) 142,071 4,943 36,701
Total other income (expenses) 25,583 44,537 (1,380,123) 738,562
Net loss before income taxes (6,284,302) (3,372,531) (15,936,739) (5,194,300)
Income tax recovery 222 5,044 222 5,044
Net loss (6,284,080) (3,367,487) (15,936,517) (5,189,256)
Net loss per common stock - basic and diluted (Note 7) $ (0.59) $ (15.64) $ (1.97) $ (32.02)
Basic and diluted weighted average common stock outstanding (Note 7) 10,695,042 301,745 7,984,052 301,745
Comprehensive loss:        
Net loss (6,284,080) (3,367,487) (15,936,517) (5,189,256)
Other comprehensive income - unrealized gain on available for sale securities 6,421   7,301  
Comprehensive loss $ (6,277,659) $ (3,367,487) $ (15,929,216) $ (5,189,256)