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, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Condensed Statement Of Operations [Abstract]        
Revenues:
Expenses:        
General and administrative 1,739,663 1,675,749 3,430,509 3,071,155
Research and development 2,544,262 2,237,033 4,806,657 5,705,607
Total Expenses 4,283,925 3,912,782 8,237,166 8,776,762
Loss from Operations (4,283,925) (3,912,782) (8,237,166) (8,776,762)
Other Income (Expense)        
Interest income 42,782 28,868 74,579 57,738
Unrealized gain (loss) on fair value of warrants 5,521,249 2,118,090 (12,168,331) 2,974,045
Financing expense (333,050)   (333,050) (169,887)
Total Other Income (Expense) 5,230,981 2,146,958 (12,426,802) 2,861,896
Net Income (Loss) Before Provision for Income Taxes 947,056 (1,765,824) (20,663,968) (5,914,866)
Provision for income taxes
Net Income (Loss) $ 947,056 $ (1,765,824) $ (20,663,968) $ (5,914,866)
Net income (loss) per share, basic $ 0.04 $ (0.08) $ (0.83) $ (0.28)
Net income (loss) per share, diluted $ 0.03 $ (0.08) $ (0.83) $ (0.28)
Weighted average number of shares outstanding, basic 26,001,797 21,318,433 24,932,705 20,788,557
Weighted average number of shares outstanding, diluted 28,265,440 21,318,433 24,932,705 20,788,557