Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement Of Operations

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Condensed Statement Of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Condensed Statement Of Operations        
Revenues        
Expenses:        
General and administrative $ 1,584,852 $ 1,807,529 $ 3,109,552 $ 3,302,049
Research and development 3,235,088 1,701,407 6,128,096 2,972,981
Total Expenses 4,819,940 3,508,936 9,237,648 6,275,030
Loss from Operations (4,819,940) (3,508,936) (9,237,648) (6,275,030)
Other Income (Expense)        
Interest income 27,020 38,035 57,602 70,326
Unrealized gain (loss) on fair value of warrants 1,558,760 3,665,365 1,674,175 (7,995,159)
Financing expense       (206,172)
Total Other Income (Expense) 1,585,780 3,703,400 1,731,777 (8,131,005)
Net (Loss) Income Before Provision for Income Taxes $ (3,234,160) $ 194,464 $ (7,505,871) $ (14,406,035)
Provision for income taxes        
Net (Loss) Income $ (3,234,160) $ 194,464 $ (7,505,871) $ (14,406,035)
Net (loss) income per share, basic and diluted $ (0.02) $ 0.00 $ (0.04) $ (0.08)
Weighted average number of shares outstanding, basic and diluted 179,849,433 177,729,738 179,475,741 173,942,196