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Quarterly Results of Operations
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
12.
Quarterly Results of Operations (Unaudited)
 
Quarterly data for the years ended December 31, 2014 and 2013 is as follows:
  
 
 
Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
-
 
$
-
 
$
-
 
$
-
 
Expenses
 
 
510,210
 
 
1,274,801
 
 
1,154,108
 
 
1,603,127
 
Loss From Operations
 
 
(510,210)
 
 
(1,274,801)
 
 
(1,154,108)
 
 
(1,603,127)
 
Other Income
 
 
5,334
 
 
6,024
 
 
5,699
 
 
5,240
 
Net Loss
 
 
(504,876)
 
 
(1,268,777)
 
 
(1,148,409)
 
 
(1,597,887)
 
Net Loss Per Common Share – Basic and Diluted
 
 
(0.01)
 
 
(0.01)
 
 
(0.01)
 
 
(0.02)
 
 
 
 
Quarter Ended
 
 
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenues
 
$
-
 
$
-
 
$
-
 
$
-
 
Expenses
 
 
655,910
 
 
428,646
 
 
1,393,728
 
 
790,956
 
Loss From Operations
 
 
(655,910)
 
 
(428,646)
 
 
(1,393,728)
 
 
(790,956)
 
Other Income (Expense)
 
 
(92)
 
 
1,402
 
 
521
 
 
1,396
 
Net Loss
 
 
(656,002)
 
 
(427,244)
 
 
(1,393,207)
 
 
(789,560)
 
Net Loss Per Common Share – Basic and Diluted
 
 
(0.01)
 
 
(0.01)
 
 
(0.02)
 
 
(0.01)