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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Sep. 30, 2014
Jun. 30, 2014
Dec. 31, 2013
Dec. 31, 2012
Consolidated Statements Of Operations              
Revenues:
Operating expenses:              
Research and development $ 415,531 $ 1,174,892 $ 574 $ 437,397 $ 492,136 $ 705,812
General and administrative 194,651 $ 1,305 705,580 183,044 $ 112,930 $ 690,396 $ 310,301
Stock-based compensation - general and administrative 163,547 381,076 470,185
Total Operating Expenses 773,729 $ 1,305 2,261,548 653,803 $ 550,327 $ 1,182,532 $ 1,016,113
Operating Loss (773,729) $ (1,305) (2,261,548) (653,803) $ (550,327) $ (1,182,532) $ (1,016,113)
Other Income (Expense), Net:              
Interest income 298 2,953 555
Gain on revaluation of derivative warrant liability $ (51,541) 272,147 8,588
Interest expense $ (33,575) (7,500) (93,067) $ (109,246) $ (105,471) $ (33,312)
Total Other Income (Expense), Net $ (51,243) (33,575) 267,600 (83,924) (109,246) (105,471) (33,312)
Loss before Income Taxes $ (824,972) $ (34,880) $ (1,993,948) $ (737,727) $ (659,573) $ (1,288,003) $ (1,049,425)
Income tax benefit
Net Loss $ (824,972) $ (34,880) $ (1,993,948) $ (737,727) $ (659,573) $ (1,288,003) $ (1,049,425)
Net Loss Per Share - Basic and Diluted $ (0.03) $ 0.00 $ (0.06) $ (0.04) $ (0.04) $ (0.07) $ (0.06)
Weighted Average Common Shares Outstanding Basic and diluted 32,312,729 17,843,047 31,161,596 19,322,206 17,785,904 17,757,333 16,888,207