XML 33 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating expenses:      
Research and development expenses $ 24,825,379 $ 17,839,951 $ 8,473,522
General and administrative expenses 14,686,767 8,658,867 4,720,661
Total operating expenses 39,512,146 26,498,818 13,194,183
Loss from operations (39,512,146) (26,498,818) (13,194,183)
Other income (expense):      
Warrant remeasurement 0 (1,879,823) 582,360
Other expense (163,463) 0 0
Interest income 212,299 9,084 2,941
Interest expense (1,203,674) (816,494) (183,179)
Loss before income taxes (40,666,984) (29,186,051) (12,792,061)
Benefit for income taxes 1,845,986 1,107,405 590,675
Net loss (38,820,998) (28,078,646) (12,201,386)
Comprehensive loss (38,820,998) (28,078,646) (12,201,386)
Cumulative dividend on Series C , C-1 and C-2 convertible preferred stock 0 (4,356,408) (1,580,701)
Net loss attributable to common stockholders $ (38,820,998) $ (32,435,054) $ (13,782,087)
Loss per share attributable to common stockholders basic and diluted (in dollars per share) $ (1.34) $ (4.01) $ (8.16)
Weighted average common shares outstanding basic and diluted (in shares) 28,864,216 8,087,924 1,688,475