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 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Statement Of Operations        
Revenues
Expenses:        
General and administrative $ 1,554,748 $ 1,316,966 $ 4,664,300 $ 4,619,015
Research and development 3,103,807 1,824,740 9,231,903 4,797,721
Total Expenses 4,658,555 3,141,706 13,896,203 9,416,736
Loss from Operations (4,658,555) (3,141,706) (13,896,203) (9,416,736)
Other Income (Expense)        
Interest income 23,724 34,864 81,326 105,190
Unrealized gain (loss) on fair value of warrants 608,301 1,201,394 2,282,476 (6,793,765)
Financing expense       (206,172)
Total Other Income (Expense) 632,025 1,236,258 2,363,802 (6,894,747)
Net Loss Before Provision for Income Taxes $ (4,026,530) $ (1,905,448) $ (11,532,401) $ (16,311,483)
Provision for income taxes
Net Loss $ (4,026,530) $ (1,905,448) $ (11,532,401) $ (16,311,483)
Net loss per share, basic and diluted $ (0.02) $ (0.01) $ (0.06) $ (0.09)
Weighted average number of shares outstanding, basic and diluted 180,701,360 178,219,622 179,888,770 175,383,673