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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net loss $ (3,933,548) $ (4,045,035)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 22,384 39,671
Share-based compensation 198,395 240,674
Issuance of common stock for services 5,925
Change in operating assets and liabilities:    
Contract and grants receivable (604,484) 491,884
Income tax receivable 416,810
Prepaid expenses 140,356 5,356
Accounts payable and accrued expenses 379,206 579,756
Accrued compensation (276,903) (297,904)
Deferred revenue 56,692
Total adjustments 332,456 1,065,362
Net cash used in operating activities (3,601,092) (2,979,673)
Investing activities:    
Purchases of office furniture and equipment (1,924) (2,131)
Net cash used in investing activities (1,924) (2,131)
Financing activities:    
Proceeds from issuance of common stock pursuant to the equity line 38,400 23,100
Net cash provided by financing activities 38,400 23,100
Net decrease in cash and cash equivalents (3,564,616) (2,958,704)
Cash and cash equivalents at beginning of period 7,809,487 8,772,567
Cash and cash equivalents at end of period 4,244,871 5,813,863
Supplemental disclosure of non cash financing activity:    
Accrued deferred issuance costs $ 140,246