Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Revenue
Operating expenses:    
Research and development, net of reimbursements 16,549,693 17,094,778
General and administrative 5,521,754 6,732,544
Total operating expenses 22,071,447 23,827,322
Loss from operations (22,071,447) (23,827,322)
Other income:    
Interest income - net 172,393 173,359
Total other income 172,393 173,359
Net loss (21,899,054) (23,653,963)
Deemed dividend for warrant down-round protection provision (1,269)
Net loss applicable to common stockholders $ (21,900,323) $ (23,653,963)
Loss per common share - basic and diluted $ (0.15) $ (0.22)
Weighted average common shares outstanding - basic and diluted 149,271,633 106,041,809