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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
12 Months Ended 184 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Revenues:      
Grant revenue    $ 200,400 $ 12,963,100
Collaboration revenue       2,283,600
Other       1,123,500
Total revenues    200,400 16,370,200
Operating expenses:      
Research and development 2,480,600 3,430,800 32,036,300
Acquired in-process research and development       7,523,200
General and administrative 2,548,300 3,562,700 33,229,400
Total operating expenses 5,028,900 6,993,500 72,788,900
Loss from operations (5,028,900) (6,793,100) (56,418,700)
Other expenses, net:      
Interest expense, net (1,503,000) (920,700) (11,865,200)
Change in warrant and put and note extension option liabilities 3,566,900 (1,635,800) 2,349,600
Loss on early extinguishment of debt    (3,567,800) (4,761,300)
Other income    34,400 81,900
Loss before income taxes (2,965,000) (12,883,000) (70,613,700)
Income taxes (2,700) (3,700) (23,200)
Net loss (2,967,700) (12,886,700) (70,636,900)
Deemed dividend on Series A Preferred stock    (10,193,200) (10,193,200)
Net loss attributable to common stockholders (2,967,700) (23,079,900) (80,830,100)
Basic net loss attributable to common stockholders per common share $ (0.14) $ (1.27)  
Diluted net loss attributable to common stockholders per common share $ (0.19) $ (1.27)  
Weighted average shares used in computing basic net loss attributable to common stockholders per common share 21,973,149 18,108,444  
Weighted average shares used in computing diluted net loss attributable to common stockholders per common share 21,973,149 18,108,444  
Comprehensive loss $ (2,967,700) $ (12,886,700) $ (70,636,900)