Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement Of Operations

v3.5.0.2
Condensed Statement Of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Condensed Statement Of Operations        
Revenues
Expenses:        
General and administrative 1,675,749 1,584,852 3,071,155 3,109,552
Research and development 2,237,033 3,235,088 5,705,607 6,128,096
Total Expenses 3,912,782 4,819,940 8,776,762 9,237,648
Loss from Operations (3,912,782) (4,819,940) (8,776,762) (9,237,648)
Other Income (Expense)        
Interest income 28,868 27,020 57,738 57,602
Unrealized gain on fair value of warrants 2,118,090 1,558,760 2,974,045 1,674,175
Financing expense     (169,887)  
Total Other Income (Expense) 2,146,958 1,585,780 2,861,896 1,731,777
Net Loss Before Provision for Income Taxes (1,765,824) (3,234,160) (5,914,866) (7,505,871)
Provision for income taxes
Net Loss $ (1,765,824) $ (3,234,160) $ (5,914,866) $ (7,505,871)
Net loss per share, basic and diluted $ (0.01) $ (0.02) $ (0.03) $ (0.04)
Weighted average number of shares outstanding, basic and diluted 213,184,334 179,849,433 207,885,571 179,475,741