XML 10 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended 77 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Revenue $ 0 $ 0 $ 0 $ 0 $ 0
Operating expense          
General & administrative 810,152 [1] 246,086 [1] 1,290,506 [1] 729,569 [1] 8,349,969 [1]
Total operating expense 1,393,728 840,489 2,478,284 2,150,898 14,926,964
Net operating loss (1,393,728) (840,489) (2,478,284) (2,150,898) (14,926,964)
Other income (expense)          
Interest income 837 26 2,492 768 79,581
Other income 0 0 0 0 244,479
Other expense (316) (89) (661) (487) (4,834)
Total Other Income (Expense) 521 (63) 1,831 281 319,226
Net Loss (1,393,207) (840,552) (2,476,453) (2,150,617) (14,607,738)
Loss per share          
Net loss per share, basic and diluted $ (0.02) $ (0.01) $ (0.04) $ (0.04) $ (0.30)
Basic and diluted weighted average number of common shares outstanding 75,380,214 58,902,046 68,068,456 58,717,393 48,619,280
All Other
         
Operating expense          
Research and development 568,576 [2] 546,821 [2] 1,125,711 [2] 994,459 [2] 5,451,308 [2]
MD Anderson for License
         
Operating expense          
Research and development $ 15,000 [3] $ 47,582 [3] $ 62,067 [3] $ 426,870 [3] $ 1,125,687 [3]
[1] General & administrative expense includes stock for services, stock option and warrant expenses of $599,424 for the quarter ending 9/30/2013; $609,347 and $3,250 for the nine month periods ending 9/30/2013 and 9/30/2012, respectively; and for the period from inception through 9/30/2013 $3,200,103 for stock option and warrant expense and $318,500 in stock for services.
[2] Research and development expense includes stock option expenses of $6,623 and $11,414 for the quarters ending 9/30/2013 and 9/30/2012, respectively; $26,256 and $42,231 for the nine month periods ending 9/30/2013 and 9/30/2012, respectively; and $449,255 for the period from inception through 9/30/2013. Research and development expense also includes amortization expenses of $40,156 and $48,503 for the quarters ending 9/30/2013 and 9/30/2012, respectively; $120,469 and $145,115 for the nine month periods ending 9/30/2013 and 9/30/2012, respectively; and $1,097,203 for the period from inception through 9/30/2013.
[3] Includes $345,000 technology impairment charge for the nine month period ending 9/30/2012; and $690,000 for the period from inception through 9/30/2013