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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating expenses        
Research and development $ 1,118,000 $ 2,136,000 $ 5,373,000 $ 3,702,000
General and administrative 1,482,000 1,445,000 3,249,000 2,556,000
Total operating expenses 2,600,000 3,581,000 8,622,000 6,258,000
Other income (expense)        
Interest income 0 21,000 12,000 45,000
Paycheck protection program grant 544,000 0 544,000 0
Derivative (loss) gain (675,000) 3,981,000 156,000 822,000
Total other income (expense) (131,000) 4,002,000 712,000 867,000
Net (loss) income $ (2,731,000) $ 421,000 $ (7,910,000) $ (5,391,000)
Net loss per common share: Basic $ (0.02) $ 0.00 $ (0.05) $ (0.05)
Net loss per common share: Diluted $ (0.02) $ (0.03) $ (0.05) $ (0.05)
Weighted average number of common shares outstanding: Basic 166,393,000 115,031,000 162,723,000 113,079,000
Weighted average number of common shares outstanding: Diluted 166,393,000 118,770,000 163,906,000 117,350,000