Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.1.9
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Statements Of Operations [Abstract]    
Revenue      
Operating expenses:    
Research and development 12,267,313us-gaap_ResearchAndDevelopmentExpense 3,109,331us-gaap_ResearchAndDevelopmentExpense
General and administrative 10,175,323us-gaap_GeneralAndAdministrativeExpense 3,476,879us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization expense 37,908us-gaap_DepreciationDepletionAndAmortization 1,560us-gaap_DepreciationDepletionAndAmortization
Loss on disposition of equipment    4,122us-gaap_GainLossOnDispositionOfAssets1
Total operating expenses 22,480,544us-gaap_OperatingExpenses 6,591,892us-gaap_OperatingExpenses
Loss from operations (22,480,544)us-gaap_OperatingIncomeLoss (6,591,892)us-gaap_OperatingIncomeLoss
Other expense:    
Interest expense (866)us-gaap_InterestExpense (2,508)us-gaap_InterestExpense
Loss on change in fair value - derivative liabilities (2,206,099)us-gaap_DerivativeGainLossOnDerivativeNet (4,179,392)us-gaap_DerivativeGainLossOnDerivativeNet
Total other expense (2,206,965)us-gaap_NonoperatingIncomeExpense (4,181,900)us-gaap_NonoperatingIncomeExpense
Net loss $ (24,687,509)us-gaap_NetIncomeLoss $ (10,773,792)us-gaap_NetIncomeLoss
Net loss per common share - basic and diluted $ (0.90)us-gaap_EarningsPerShareBasicAndDiluted $ (0.47)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding - basic and diluted 27,363,748us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 22,752,752us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted