XML 15 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Revenues
Cost of revenues
Gross profit
Operating expenses    
Research and development $ 4,678,201 $ 188,288
General and administrative 1,882,026 735,132
Total operating expenses 6,560,227 923,420
Loss from operations (6,560,227) $ (923,420)
Other expenses    
Loss on disposal of assets (4,862)
Interest expense, net (411,209) $ (716,799)
Total other expenses (416,071) (716,799)
Loss before provision for income taxes (6,976,298) (1,640,219)
Provision for income taxes 1,600 1,600
Net loss $ (6,977,898) $ (1,641,819)
Weighted average shares outstanding - basic and diluted 34,686,926 24,269,047
Loss per share - basic and diluted $ (0.20) $ (0.07)