Annual report pursuant to Section 13 and 15(d)

Statement Of Operations

v3.6.0.2
Statement Of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Statement Of Operations      
Revenues:
Expenses:      
General and administrative 6,324,236 6,115,210 6,253,328
Research and development 10,089,149 12,148,226 7,015,901
Total Expenses 16,413,385 18,263,436 13,269,229
Loss from Operations (16,413,385) (18,263,436) (13,269,229)
Other Income (Expense)      
Interest income 118,565 103,269 133,907
Mediation settlement 1,770,658    
Unrealized gain (loss) on fair value of warrants 5,529,907 3,986,727 (5,180,107)
Financing expense (313,090) (211,116) (206,172)
Total Other Income (Expense) 7,106,040 3,878,880 (5,252,372)
Net Loss Before Provision for Income Taxes (9,307,345) (14,384,556) (18,521,601)
Provision for income taxes
Net Loss $ (9,307,345) $ (14,384,556) $ (18,521,601)
Net loss per share, basic and diluted $ (0.04) $ (0.08) $ (0.11)
Weighted average number of shares outstanding, basic and diluted 217,447,405 182,388,226 176,106,981