Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.19.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue
Operating expenses:        
Research and development, net of reimbursements 4,829,874 4,227,036 13,176,033 12,023,109
General and administrative 1,822,506 1,970,230 4,261,939 5,440,656
Total operating expenses 6,652,380 6,197,266 17,437,972 17,463,765
Loss from operations (6,652,380) (6,197,266) (17,437,972) (17,463,765)
Other income:        
Interest income - net 53,054 49,177 141,353 129,549
Total other income 53,054 49,177 141,353 129,549
Net loss (6,599,326) (6,148,089) (17,296,619) (17,334,216)
Deemed dividend for warrant down-round protection provision (1,269)
Net loss applicable to common stockholders $ (6,599,326) $ (6,148,089) $ (17,297,888) $ (17,334,216)
Loss per common share – basic and diluted $ (0.04) $ (0.06) $ (0.12) $ (0.17)
Weighted average common shares outstanding - basic and diluted 163,338,013 110,463,891 144,071,937 103,168,015