XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
REVENUES:    
Government contract revenue $ 4,635 $ 192,508
OPERATING EXPENSES    
Professional fees 567,749 538,226
Payroll and related 344,987 458,228
General and administrative 223,551 286,025
Total operating expenses 1,136,287 1,282,479
OPERATING LOSS (1,131,652) (1,089,971)
OTHER EXPENSE    
Interest and other debt expenses 42,167 126,688
Loss on debt extinguishment 616,889 0
Warrant repricing expense 345,841 0
Total other expense 1,004,897 126,688
NET LOSS BEFORE NONCONTROLLING INTERESTS (2,136,549) (1,216,659)
LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS (7,732) (33,623)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (2,128,817) $ (1,183,036)
Basic and diluted loss per common share $ (.28) $ (.18)
Weighted average number of common shares outstanding - basic and diluted 7,622,393 6,720,484