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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
Total revenues $ 0 $ 0 $ 0 $ 0
Total cost of revenue 0 0 0 0
Gross loss 0 0 0 0
Research and development expense 1,415,000 1,679,000 3,060,000 3,143,000
Selling, general and administrative expense 1,556,000 1,670,000 3,195,000 3,151,000
Operating loss (3,077,000) (5,027,000) (6,058,000) (9,481,000)
Other income (expense):        
Warrant revaluation income (expense) 91,000 (9,677,000) 326,000 (9,723,000)
Derivative revaluation income 242,000 853,000 179,000 541,000
Interest expense (191,000) (185,000) (381,000) (368,000)
Other income, net 41,000 18,000 139,000 6,000
Loss before income taxes (2,894,000) (14,018,000) (5,795,000) (19,025,000)
Income taxes 0 0 0 0
Net loss (2,894,000) (14,018,000) (5,795,000) (19,025,000)
Dividend paid in-kind to preferred stockholders (83,000) (80,000) (165,000) (100,000)
Deemed dividend on preferred stock (see Note 10) (126,000) (136,000) (247,000) (3,870,000)
Net loss attributable to common stockholders $ (3,103,000) $ (14,234,000) $ (6,207,000) $ (22,995,000)
Net loss:        
Basic (usd per share) $ (0.49) $ (4.84) $ (1.03) $ (7.82)
Diluted (usd per share) $ (0.49) $ (4.84) $ (1.03) $ (7.82)
Weighted average number of common shares outstanding:        
Basic (shares) 6,376,048 2,940,899 6,026,454 2,940,763
Diluted (shares) 6,376,048 2,940,899 6,026,454 2,940,763
Affiliated Entity        
Research and development expense $ 106,000 $ 1,678,000 $ (197,000) $ 3,187,000