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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating expenses:        
Research and development $ 1,518,381 $ 1,391,113 $ 3,218,226 $ 3,216,681
General and administrative 1,068,452 1,660,630 2,269,180 3,158,469
Depreciation 34,390 26,709 52,662 54,727
Loss from operations 2,621,223 3,078,452 5,540,068 6,429,877
Other income:        
Interest income (16,921) (45,339) (37,605) (82,803)
Loss from operations before income tax benefit (2,604,302) (3,033,113) (5,502,463) (6,347,074)
Income tax benefit (108,904) (267,932) (259,256) (267,932)
Net loss (2,495,398) (2,765,181) (5,243,207) (6,079,142)
Series A cumulative preferred dividends (85,993)
Deemed dividend related to the make-whole provision for the conversion of Series A convertible preferred stock into common stock (8,167,895)
Net loss attributable to common stockholders $ (2,495,398) $ (2,765,181) $ (5,243,207) $ (14,333,030)
Per share information:        
Net loss per share of common stock, basic and diluted (in dollars per share) $ (0.63) $ (0.82) $ (1.43) $ (4.64)
Weighted average shares outstanding, basic and diluted (in dollars per share) $ 3,940,684 $ 3,369,770 $ 3,658,457 $ 3,092,043