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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Contract revenue $ 3,160,050 $ 1,082,141 $ 5,791,037 $ 1,794,547
Grant revenue 17,686 121,566
Total revenues 3,160,050 1,099,827 5,791,037 1,916,113
Cost of revenues (2,342,539) (816,702) (4,574,874) (1,344,101)
Gross profit 817,511 283,125 1,216,163 572,012
Operating expenses:        
Research and development 827,832 1,442,914 2,256,332 2,472,798
General and administrative 999,637 874,962 1,875,494 1,692,232
Total operating expenses 1,827,469 2,317,876 4,131,826 4,165,030
Loss from operations (1,009,958) (2,034,751) (2,915,663) (3,593,018)
Other income (expense):        
Change in fair value of warrant liability 525,328 (1,943,494) 1,285,485 (4,955,110)
Other income 390,599 390,599
Interest income (expense) 1,256 551 (2,629) 1,112
Total other income (expense) 917,183 (1,942,943) 1,673,455 (4,953,998)
Net loss $ (92,775) $ (3,977,694) $ (1,242,208) $ (8,547,016)
Basic net loss per share $ 0.00 $ (0.15) $ (0.04) $ (0.34)
Diluted net loss per share $ (0.02) $ (0.15) $ (0.08) $ (0.34)
Basic weighted average common shares outstanding 31,769,369 25,726,264 31,524,391 25,066,038
Diluted weighted average common shares outstanding 32,733,781 25,726,264 32,679,813 25,066,038