XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenues
Formation and operating costs 1,350,248 274,371 2,827,721 697,866
Research and development costs 578,474 264,532 1,112,616 347,982
Total operating expenses 1,928,722 538,903 3,940,337 1,045,848
Net loss $ (1,928,722) $ (538,903) $ (3,940,337) $ (1,045,848)
Net loss per share, basic and diluted (in dollars per share) $ (0.14) $ (0.05) $ (0.31) $ (0.10)
Weighted average common shares outstanding - basic and diluted (in shares) 13,310,000 11,138,505 12,855,714 10,951,449