Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.19.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue
Operating expenses:        
Research and development, net of reimbursements 4,009,792 3,329,632 8,346,159 7,796,073
General and administrative 1,076,516 1,583,188 2,439,433 3,470,426
Total operating expenses 5,086,308 4,912,820 10,785,592 11,266,499
Loss from operations (5,086,308) (4,912,820) (10,785,592) (11,266,499)
Other income:        
Interest income - net 59,390 50,030 88,299 80,372
Total other income 59,390 50,030 88,299 80,372
Net loss (5,026,918) (4,862,790) (10,697,293) (11,186,127)
Deemed dividend for warrant down-round protection provision (1,269) (1,269)
Loss applicable to common stockholders $ (5,028,187) $ (4,862,790) $ (10,698,562) $ (11,186,127)
Net loss per common share - basic and diluted $ (0.03) $ (0.04) $ (0.08) $ (0.11)
Weighted average common shares outstanding - basic and diluted 151,544,137 110,363,370 134,286,443 99,459,614