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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Product sales $ 0 $ 0 $ 0 $ 0
Costs and expenses:        
Research and development 2,979,228 1,729,470 5,593,885 3,426,703
General and administrative 6,982,227 4,042,347 12,691,914 5,345,469
Acquired in-process research and development 5,848,886 0 5,848,886 686,998
Costs and expenses 15,810,341 5,771,817 24,134,685 9,459,170
Interest income, net (320,462) (13,072) (369,046) (19,801)
Foreign exchange gains (479,540) 0 (550,649) 0
Changes in fair value of investment in equity securities 240,931 101,038 195,542 11,325
Net loss (15,251,270) (5,859,783) (23,410,532) (9,450,694)
Less: Income attributable to redeemable noncontrolling interest 61,901 0 76,260 0
Net loss attributable to CASI Pharmaceuticals, Inc. $ (15,313,171) $ (5,859,783) $ (23,486,792) $ (9,450,694)
Net loss per share (basic and diluted) $ (0.16) $ (0.07) $ (0.25) $ (0.12)
Weight average number of shares outstanding (basic and diluted) 95,717,052 86,029,692 95,683,598 78,663,271
Comprehensive loss:        
Net loss $ (15,251,270) $ (5,859,783) $ (23,410,532) $ (9,450,694)
Foreign currency translation adjustment (1,112,489) (1,066,893) (800,704) (539,642)
Total comprehensive loss (16,363,759) (6,926,676) (24,211,236) (9,990,336)
Less: Comprehensive income attributable to redeemable noncontrolling interest 61,901 0 76,260 0
Comprehensive loss attributable to common stockholders $ (16,425,660) $ (6,926,676) $ (24,287,496) $ (9,990,336)