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, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Condensed Statement Of Operations [Abstract]        
Revenues:
Expenses:        
General and administrative 1,574,323 1,418,990 5,004,832 4,490,145
Research and development 2,644,999 2,298,585 7,451,656 8,004,193
Total Expenses 4,219,322 3,717,575 12,456,488 12,494,338
Loss from Operations (4,219,322) (3,717,575) (12,456,488) (12,494,338)
Other Income (Expense)        
Interest income 60,750 26,145 135,329 83,884
Unrealized gain (loss) on fair value of warrants 3,120,500 967,637 (9,047,831) 3,941,682
Financing expense   (143,203) (333,050) (313,090)
Total Other Income (Expense) 3,181,250 850,579 (9,245,552) 3,712,476
Net Loss Before Provision for Income Taxes (1,038,072) (2,866,996) (21,702,040) (8,781,862)
Provision for income taxes
Net Loss $ (1,038,072) $ (2,866,996) $ (21,702,040) $ (8,781,862)
Net loss per share, basic and diluted $ (0.04) $ (0.13) $ (0.83) $ (0.42)
Weighted average number of shares outstanding, basic and diluted 28,459,316 21,644,182 26,121,160 21,075,847