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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Operating Expenses:        
Research and development $ 987,239 $ 2,252,890 $ 2,930,302 $ 4,006,538
General and administrative 1,342,210 1,050,004 2,304,928 3,694,529
Total Operating Loss (2,329,449) (3,302,894) (5,235,230) (7,701,067)
Gain on settlement of lawsuit 825,000 825,000
Research and development tax credit 42,685 42,685
Investment income 5,556 8,075 11,725 16,750
Net Loss (1,456,208) (3,294,819) (4,355,820) (7,684,317)
Dividend paid-in kind to preferred shareholders (50) (14,057)
Net Loss Applicable to Common Shareholders $ (1,456,208) $ (3,294,869) $ (4,355,820) $ (7,698,374)
Basic and Diluted Loss Per Common Share $ (0.00) $ (0.01) $ (0.01) $ (0.02)
Weighted Average Number of Common Shares Outstanding - Basic and Diluted 381,574,365 370,354,643 379,483,491 367,795,241