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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
REVENUES:    
Federal grants $ 578,657
License revenue 200,000 20,000
TOTAL REVENUES 778,657 20,000
OPERATING EXPENSES:    
Research and development 4,157,454 78,656
General and administrative 10,174,997 4,752,068
Impairment of intangible assets 2,294,048 0
TOTAL OPERATING EXPENSES 16,626,499 4,830,724
OPERATING LOSS (15,847,842) (4,810,724)
OTHER INCOME (EXPENSE)    
Interest income 112,377 571
Interest expense (1,164,897) (95,125)
Change in fair value of warrant liability 633,631
TOTAL OTHER INCOME (EXPENSE) (418,889) (94,554)
LOSS BEFORE INCOME TAX BENEFIT (16,266,731) (4,905,278)
Income tax benefit 920,000
NET LOSS $ (15,346,731) $ (4,905,278)
Net loss per common share - basic and diluted (in dollars per share) $ (2.19) $ (1.12)
Weighted average common shares outstanding - basic and diluted (in shares) 7,020,479 4,383,433