XML 17 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating expenses:        
Research and development $ 2,017,569 $ 2,095,149 $ 2,788,255 $ 4,110,225
General and administrative 871,979 802,655 2,081,549 1,940,408
Total operating expenses 2,889,548 2,897,804 4,869,804 6,050,633
Loss from operations (2,889,548) (2,897,804) (4,869,804) (6,050,633)
Other income (expense):        
Interest income (expense), net 1,667 (72,694) 2,631 (145,274)
Change in fair value of warrant liability 1,261,912   (1,810,835)  
Total other income (expense), net 1,263,579 (72,694) (1,808,204) (145,274)
Net loss $ (1,625,969) $ (2,970,498) $ (6,678,008) $ (6,195,907)
Net loss per share of common stock, basic $ (0.11) $ (0.41) $ (0.46) $ (0.86)
Net loss per share of common stock, diluted $ (0.19) $ (0.41) $ (0.55) $ (0.86)
Weighted-average shares used to compute basic net loss per share 15,343,325 7,217,577 14,435,818 7,192,791
Weighted-average shares used to compute diluted net loss per share 15,421,057 7,217,577 14,474,684 7,192,791