XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating expenses:        
Research and development expenses $ 5,975,306 $ 3,195,244 $ 11,322,069 $ 6,066,483
General and administrative expenses 3,288,889 1,765,065 6,974,486 3,076,095
Total operating expenses 9,264,195 4,960,309 18,296,555 9,142,578
Loss from operations (9,264,195) (4,960,309) (18,296,555) (9,142,578)
Other income (expense):        
Warrant remeasurement 0 (350,129) 0 (446,321)
Interest income 49,376 1,338 92,190 1,477
Interest expense (161,310) (211,863) (342,174) (402,026)
Net loss (9,376,129) (5,520,963) (18,546,539) (9,989,448)
Comprehensive loss (9,376,129) (5,520,963)    
Cumulative dividend on Series C , C-1 and C-2 convertible preferred stock 0 (1,746,334) 0 (2,429,515)
Net loss attributable to common stockholders $ (9,376,129) $ (7,267,297) $ (18,546,539) $ (12,418,963)
Loss per share attributable to common stockholders basic and diluted (in dollars per share) $ (0.33) $ (4.30) $ (0.64) $ (7.36)
Weighted average common shares outstanding basic and diluted (in shares) 28,828,449 1,688,475 28,820,678 1,688,475