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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Contract revenue $ 1,060,877 $ 1,367,574 $ 1,700,435 $ 2,144,858
Grant revenue 484,087 357,971 989,317 700,460
Total revenues 1,544,964 1,725,545 2,689,752 2,845,318
Cost of revenues (1,086,814) (1,493,676) (2,014,738) (2,472,597)
Gross profit 458,150 231,869 675,014 372,721
Operating expenses:        
Research and development 1,853,950 1,170,333 3,496,668 2,973,693
General and administrative 769,091 650,826 1,643,300 1,382,419
Total operating expenses 2,623,041 1,821,159 5,139,968 4,356,112
Loss from operations (2,164,891) (1,589,290) (4,464,954) (3,983,391)
Other income, net 41,370 32,948 91,130 49,843
Net loss before income taxes (2,123,521) (1,556,342) (4,373,824) (3,933,548)
Income tax benefit     610,676  
Net loss applicable to common stockholders $ (2,123,521) $ (1,556,342) $ (3,763,148) $ (3,933,548)
Basic & diluted net loss per share $ (0.12) $ (0.18) $ (0.21) $ (0.45)
Basic & diluted weighted average common shares outstanding 18,436,894 8,742,569 18,258,932 8,738,728