Annual report pursuant to Section 13 and 15(d)

Statement Of Operations

v3.3.1.900
Statement Of Operations - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Statement Of Operations      
Revenues
Expenses:      
General and administrative $ 6,115,210 $ 6,253,328 $ 4,725,699
Research and development 12,148,226 7,015,901 3,253,139
Total Expenses 18,263,436 13,269,229 7,978,838
Loss from Operations (18,263,436) (13,269,229) (7,978,838)
Other Income (Expense)      
Interest income 103,269 133,907 49,280
Unrealized gain (loss) on fair value of warrants 3,986,727 (5,180,107) (1,365,654)
Financing expense (211,116) (206,172) (204,212)
Total Other Income (Expense) 3,878,880 (5,252,372) (1,520,586)
Net Loss Before Provision for Income Taxes $ (14,384,556) $ (18,521,601) $ (9,499,424)
Provision for income taxes
Net Loss $ (14,384,556) $ (18,521,601) $ (9,499,424)
Net loss per share, basic and diluted $ (0.08) $ (0.11) $ (0.07)
Weighted average shares outstanding, basic and diluted 182,388,226 176,106,981 128,649,303