v3.19.2
Condensed 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]        
Revenues
Operating expenses:        
Research and development 1,418,426 1,832,459 2,790,274 4,513,442
General and administrative 1,539,305 1,315,316 2,995,502 2,228,404
Total operating expenses 2,957,731 3,147,775 5,785,776 6,741,846
Operating loss (2,957,731) (3,147,775) (5,785,776) (6,741,846)
Other (expense) income:        
Interest income 87,488 8,048 181,893 19,008
Interest expense (77,837) (73,207) (154,818) (74,616)
Amortization of debt discount and offering costs (109,962) (103,179) (219,925) (105,244)
Total other (expense) income (100,311) (168,338) (192,850) (160,852)
Net loss $ (3,058,042) $ (3,316,113) $ (5,978,626) $ (6,902,698)
Basic and diluted net loss per share $ (0.07) $ (0.08) $ (0.14) $ (0.17)
Weighted average common shares outstanding - basic and diluted 42,799,486 40,261,670 42,717,950 39,969,738

Source