Annual report pursuant to Section 13 and 15(d)

Condensed Statement Of Cash Flows

v2.4.1.9
Condensed Statement Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:    
Net loss $ (18,521,601)us-gaap_NetIncomeLoss $ (9,499,424)us-gaap_NetIncomeLoss
Adjustments to reconcile net loss to net cash used in operating activities:    
Compensatory stock 409,000us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims 306,800us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims
Depreciation and amortization 28,325us-gaap_DepreciationAndAmortization 37,133us-gaap_DepreciationAndAmortization
Amortization of premiums and discounts on marketable securities 10,228rnn_AmortizationOfPremiumsAndDiscountsOnMarketableSecurities  
Stock-based compensation 608,795us-gaap_ShareBasedCompensation 565,428us-gaap_ShareBasedCompensation
Amortization of deferred research and development arrangements (233,630)rnn_AmortizationOfDeferredResearchAndDevelopmentContribution (792,370)rnn_AmortizationOfDeferredResearchAndDevelopmentContribution
Unrealized loss on fair value of warrants 5,180,107rnn_UnrealizedLossOnFairValueOfWarrants 1,365,654rnn_UnrealizedLossOnFairValueOfWarrants
Financing expense 206,172us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts 204,212us-gaap_DebtRelatedCommitmentFeesAndDebtIssuanceCosts
Amortization of deferred lease incentive (12,443)rnn_AmortizationOfDeferredLeaseIncentive (16,222)rnn_AmortizationOfDeferredLeaseIncentive
Deferred lease expenses 7,834rnn_DeferredLeaseExpenses 25,709rnn_DeferredLeaseExpenses
Changes in assets and liabilities:    
Prepaid expenses and other assets (249,503)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (263,697)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses 1,525,505us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 81,921us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net Cash Used in Operating Activities (11,041,211)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (7,984,856)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities:    
Restricted cash equivalents 196,130rnn_IncreaseDecreaseInRestrictedCashEquivalents 895,671rnn_IncreaseDecreaseInRestrictedCashEquivalents
Purchase of equipment (41,249)us-gaap_PaymentsToAcquireMachineryAndEquipment (50,149)us-gaap_PaymentsToAcquireMachineryAndEquipment
Purchase of marketable securities (26,075,926)us-gaap_PaymentsToAcquireMarketableSecurities  
Redemption of marketable securities 3,260,000us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities  
Net Cash (Used In) Provided by Investing Activities (22,661,045)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 845,522us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities:    
Issuance of common stock and units, net of issuance costs 18,634,247us-gaap_ProceedsFromIssuanceOrSaleOfEquity 10,041,155us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Proceeds from exercise of stock options 258,955us-gaap_ProceedsFromStockOptionsExercised 90,000us-gaap_ProceedsFromStockOptionsExercised
Proceeds from exercise of stock warrants 5,947,268us-gaap_ProceedsFromWarrantExercises 2,209,667us-gaap_ProceedsFromWarrantExercises
Net Cash Provided by Financing Activities 24,840,470us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 12,340,822us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (Decrease) Increase in Cash and Cash Equivalents (8,861,786)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 5,201,488us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents - beginning of period 18,688,031us-gaap_CashAndCashEquivalentsAtCarryingValue 13,486,543us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents - end of period 9,826,245us-gaap_CashAndCashEquivalentsAtCarryingValue 18,688,031us-gaap_CashAndCashEquivalentsAtCarryingValue
Non-cash financing and investing activties:    
Warrants issued 3,691,429rnn_WarrantsIssued 2,564,002rnn_WarrantsIssued
Warrant liability extinguishment from exercise of warrants 10,137,243us-gaap_ConversionOfStockAmountConverted1 1,737,663us-gaap_ConversionOfStockAmountConverted1
Shares withheld for net stock option exercise 100,000rnn_SharesSurrendered  
Leasehold improvement incentive   $ 54,660rnn_LeaseholdImprovementIncentive