XML 34 R23.htm IDEA: XBRL DOCUMENT v3.3.1.900
SELECTED QUARTERLY INFORMATION (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information [Table Text Block]
The results of operations for any quarter are not necessarily indicative of the results of operations for any future period.
 
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Year ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 
$
195,089
 
$
1,894,968
 
$
715,863
 
$
724,525
 
Unrealized loss on securities
 
$
-
 
$
-
 
$
(6,280)
 
$
(4,001)
 
Interest income
 
$
8,802
 
$
4,346
 
$
1,372
 
$
-
 
Net loss
 
$
(186,287)
 
$
(1,890,622)
 
$
(720,771)
 
$
(728,526)
 
Basic and diluted loss per share
 
$
(0.07)
 
$
(0.71)
 
$
(0.25)
 
$
(0.25)
 
 
 
 
First
 
Second
 
Third
 
Fourth
 
 
 
Quarter
 
Quarter
 
Quarter
 
Quarter
 
  Period from May 30, 2014 (inception) through December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating expenses
 
$
-
 
$
403
 
$
3,144
 
$
137,982
 
Net loss
 
$
-
 
$
(403)
 
$
(3,144)
 
$
(137,982)
 
Basic and diluted loss per share
 
$
-
 
$
(0.00)
 
$
(0.00)
 
$
(0.06)