XML 24 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (3,196,486) $ (2,419,885)
Reconciliation of net loss to net cash used in operating activities:    
Changes in fair value of warrant liabilities (1,000) 3,000
Stock-based compensation 136,193 376,317
Changes in operating assets and liabilities:    
Prepaid expenses and deposits (77,878) (107,362)
Accounts payable and accrued expenses 792,849 224,252
Net cash used in operating activities (2,346,322) (1,923,678)
Cash Flows from Financing Activities:    
Proceeds from exercise of stock options 18,125 0
Net cash provided by financing activities 18,125 0
Net decrease in cash (2,328,197) (1,923,678)
Cash at beginning of period 5,129,289 7,851,243
Cash at end of period $ 2,801,092 $ 5,927,565