Annual report pursuant to Section 13 and 15(d)

Select Quarterly Data

v3.6.0.2
Select Quarterly Data
12 Months Ended
Dec. 31, 2016
Select Quarterly Data [Abstract]  
Select Quarterly Data

17Select Quarterly Data (Unaudited)







 

 

 

 

 

 

 

 



 

2016



 

For the Quarter Ended



 

March 31

 

June 30

 

September 30

 

December 31

Revenues

$

 -

$

 -

$

 -

$

 -

Expenses

 

4,863,981 

 

3,912,782 

 

3,717,575 

 

3,919,047 

Loss from Operations

 

(4,863,981)

 

(3,912,782)

 

(3,717,575)

 

(3,919,047)

Other Income, net

 

714,939 

 

2,146,958 

 

850,579 

 

3,393,564 

Net Loss

$

(4,149,042)

$

(1,765,824)

$

(2,866,996)

$

(525,483)

Net Loss per share, basic and diluted

$

(0.02)

$

(0.01)

$

(0.01)

$

(0.00)



 

 

 

 

 

 

 

 



 

2015



 

For the Quarter Ended



 

March 31

 

June 30

 

September 30

 

December 31

Revenues

$

 -

$

 -

$

 -

$

 -

Expenses

 

4,417,708 

 

4,819,940 

 

4,658,555 

 

4,367,233 

Loss from Operations

 

(4,417,708)

 

(4,819,940)

 

(4,658,555)

 

(4,367,233)

Other Income, net

 

145,997 

 

1,585,780 

 

632,025 

 

1,515,078 

Net Loss per share

$

(4,271,711)

$

(3,234,160)

$

(4,026,530)

$

(2,852,155)

Net Loss per share, basic and diluted

$

(0.02)

$

(0.02)

$

(0.02)

$

(0.02)