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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating expenses:        
General and administrative, including $204,383 and $232,401 to related parties for the three months ended September 30, 2018 and 2017, respectively, and $614,465 and $1,671,765 to related parties for the nine months ended September 30, 2018 and 2017, respectively $ 330,560 $ 404,642 $ 1,118,335 $ 2,415,718
Research and development, including $122,400 and $133,983 to related parties for the three months ended September 30, 2018 and 2017, respectively, and $367,613 and $702,718 to related parties for the nine months ended September 30, 2018 and 2017, respectively 173,036 188,506 478,262 1,147,633
Total operating expenses 503,596 593,148 1,596,597 3,563,351
Loss from operations (503,596) (593,148) (1,596,597) (3,563,351)
Loss on extinguishment of debt and other liabilities in exchange for equity (116,407)
Interest expense, including $11,714 and $3,992 to related parties for the three months ended September 30, 2018 and 2017, respectively, and $29,937 and $11,688 to related parties for the nine months ended September 30, 2018 and 2017, respectively (35,161) (26,354) (96,231) (77,674)
Foreign currency transaction gain (loss) 2,983 960 (108,582) (30,728)
Net loss (535,774) (618,542) (1,917,817) (3,671,753)
Net loss attributable to common stockholders $ (535,774) $ (618,542) $ (1,917,817) $ (3,671,753)
Net loss per common share - basic and diluted $ (0.16) $ (0.27) $ (0.59) $ (1.62)
Weighted average common shares outstanding - basic and diluted 3,398,940 2,333,257 3,228,528 2,261,160