Annual report pursuant to Section 13 and 15(d)

Statement Of Operations

v3.8.0.1
Statement Of Operations - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Statement Of Operations [Abstract]      
Revenues:
Expenses:      
General and administrative 6,639,421 6,324,236 6,115,210
Research and development 10,715,296 10,089,149 12,148,226
Total Expenses 17,354,717 16,413,385 18,263,436
Loss from Operations (17,354,717) (16,413,385) (18,263,436)
Other Income (Expense)      
Interest income 207,003 118,565 103,269
Mediation settlement   1,770,658  
Unrealized (loss) gain on fair value of warrants (7,594,162) 5,529,907 3,986,727
Financing expense (552,627) (313,090) (211,116)
Total Other Income (Expense) (7,939,786) 7,106,040 3,878,880
Net Loss Before Provision for Income Taxes (25,294,503) (9,307,345) (14,384,556)
Provision for income taxes
Net Loss $ (25,294,503) $ (9,307,345) $ (14,384,556)
Net loss per share, basic and diluted $ (0.92) $ (0.43) $ (0.79)
Weighted average number of shares outstanding, basic and diluted 27,390,527 21,744,740 18,238,822