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 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Condensed Statement Of Operations        
Revenues
Expenses:        
General and administrative 1,418,990 1,554,748 4,490,145 4,664,300
Research and development 2,298,585 3,103,807 8,004,193 9,231,903
Total Expenses 3,717,575 4,658,555 12,494,338 13,896,203
Loss from Operations (3,717,575) (4,658,555) (12,494,338) (13,896,203)
Other Income (Expense)        
Interest income 26,145 23,724 83,884 81,326
Unrealized gain on fair value of warrants 967,637 608,301 3,941,682 2,282,476
Financing expense (143,203)   (313,090)  
Total Other Income (Expense) 850,579 632,025 3,712,476 2,363,802
Net Loss Before Provision for Income Taxes (2,866,996) (4,026,530) (8,781,862) (11,532,401)
Provision for income taxes
Net Loss $ (2,866,996) $ (4,026,530) $ (8,781,862) $ (11,532,401)
Net loss per share, basic and diluted $ (0.01) $ (0.02) $ (0.04) $ (0.06)
Weighted average number of shares outstanding, basic and diluted 216,441,828 180,701,360 210,758,475 179,888,770