Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.0.8
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Statements Of Operations [Abstract]        
Revenue            
Operating expenses:        
Research and development, net of reimbursements 3,773,438 778,232 8,236,343 2,373,200
General and administrative 3,257,147 830,730 7,347,827 2,730,233
Depreciation expense 14,326    23,783   
Loss on disposition of equipment          4,122
Total operating expenses 7,044,911 1,608,962 15,607,953 5,107,555
Loss from operations (7,044,911) (1,608,962) (15,607,953) (5,107,555)
Other income (expense):        
Interest expense    (1,299)    (2,508)
Gain (loss) on change in fair value of derivative liabilities 967,887 189,348 (3,653,473) 216,112
Total other income (expense) 967,887 188,049 (3,653,473) 213,604
Net loss $ (6,077,024) $ (1,420,913) $ (19,261,426) $ (4,893,951)
Net loss per common share - basic and diluted $ (0.21) $ (0.06) $ (0.73) $ (0.22)
Weighted average common shares outstanding - basic and diluted 28,496,902 23,601,895 26,540,368 22,401,711