XML 48 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating expenses:      
Research and development expenses $ 34,311,650 $ 24,825,379 $ 17,839,951
General and administrative expenses 17,654,970 14,686,767 8,658,867
Total operating expenses 51,966,620 39,512,146 26,498,818
Loss from operations (51,966,620) (39,512,146) (26,498,818)
Other income (expense):      
Warrant remeasurement 0 0 (1,879,823)
Other expense 0 (163,463) 0
Interest income 700,903 212,299 9,084
Interest expense (2,180,143) (1,203,674) (816,494)
Loss before income taxes (53,445,860) (40,666,984) (29,186,051)
Benefit for income taxes 2,586,057 1,845,986 1,107,405
Net loss (50,859,803) (38,820,998) (28,078,646)
Comprehensive loss (50,859,803) (38,820,998) (28,078,646)
Cumulative dividend on Series C , C-1 and C-2 convertible preferred stock 0 0 (4,356,408)
Net loss attributable to common stockholders $ (50,859,803) $ (38,820,998) $ (32,435,054)
Loss per share attributable to common stockholders basic and diluted (in dollars per share) $ (1.67) $ (1.34) $ (4.01)
Weighted average common shares outstanding basic and diluted (in shares) 30,393,952 28,864,216 8,087,924