XML 76 R52.htm IDEA: XBRL DOCUMENT v3.7.0.1
Quarterly Financial Data (unaudited) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Data                      
Revenue       $ 7,250 $ 49,275 $ 199,407 $ 15,390 $ 14,828 $ 7,250 $ 278,900 $ 810,012
Operating expenses:                      
Research and development $ 4,904,363 $ 4,504,097 $ 4,807,177 2,568,989 3,309,008 2,271,968 1,010,989 853,704 16,784,626 7,445,669 2,401,406
General and administrative 1,780,304 1,493,461 1,476,357 1,680,130 2,156,388 1,922,755 631,474 653,773 6,430,252 5,364,390 4,076,339
Total operating expenses 6,684,667 5,997,558 6,283,534 4,249,119 5,465,396 4,194,723 1,642,463 1,507,477 23,214,878 12,810,059 6,477,745
Loss from operations (6,684,667) (5,997,558) (6,283,534) (4,241,869) (5,416,121) (3,995,316) (1,627,073) (1,492,649) (23,207,628) (12,531,159) (5,667,733)
Other income (expense):                      
Interest income (expense), net 26,980 22,747 18,118 12,377 4,403 1,572 697 680 80,222 7,352 (1,844)
Foreign exchange loss (139,829) (6,270) (20,250) (23,148)         (189,497)    
Loss on disposal of equipment (99,147)               (99,147)    
Total other income (expense) (211,996) 16,477 (2,132) (10,771)         (208,422) 7,352 (1,844)
Loss before income taxes (6,896,663) (5,981,081) (6,285,666) (4,252,640) (5,411,718) (3,993,744) (1,626,376) (1,491,969) (23,416,050) (12,523,807) (5,669,577)
Income tax expense (benefit)     56,277 (28,734) (27,543)       (27,543) 27,543  
Net loss applicable to common stockholders $ (6,896,663) $ (5,981,081) $ (6,229,389) $ (4,281,374) $ 5,439,261 $ 3,993,744 $ 1,626,376 $ 1,491,969 $ (23,388,507) $ (12,551,350) $ (5,757,531)
Per share information:                      
Net loss per share basic and diluted $ (0.71) $ (0.67) $ (0.70) $ (0.49) $ (0.62) $ (0.66) $ (1.12) $ (1.03) $ (2.58) $ (2.82) $ (6.44)
Basic and diluted weighted average shares outstanding 9,678,924 8,912,508 8,860,592 8,823,951 8,787,855 6,045,211 1,449,865 1,449,865 9,070,232 4,457,719 894,575
Previously Reported                      
Per share information:                      
Net loss per share basic and diluted             $ (0.80) $ (0.74)