XML 16 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Expenses:        
Research and development 4,433,222 2,299,903 9,170,797 4,365,862
General and administrative 1,049,815 1,087,686 2,149,647 2,122,847
Total expenses 5,483,037 3,387,589 11,320,444 6,488,709
Loss before other income (expense) and taxes (5,483,037) (3,387,589) (11,320,444) (6,488,709)
Interest income 6,397 5,653 8,911 8,910
Interest expense (281,996) 0 (546,823) 0
Financing expense (16,595) 0 (31,231) (88,939)
Change in fair value of warrant liability 445,660 227,206 926,671 1,989,162
Loss before provision for income taxes (5,329,571) (3,154,730) (10,962,916) (4,579,576)
Provision for income taxes 0 0 0 0
Net loss $ (5,329,571) $ (3,154,730) $ (10,962,916) $ (4,579,576)
Net loss per share (in USD per share) $ (0.06) $ (0.03) $ (0.12) $ (0.05)
Weighted average number of shares basic and diluted (in shares) 92,878,262 90,254,823 92,072,062 84,070,845