XML 18 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Revenue $ 260,000 $ 475,000
Operating expenses    
Research and development 5,678,000 3,992,000
General and administrative 8,413,000 6,710,000
Impairment charges 9,547,000  
Total operating expenses 23,638,000 10,702,000
Loss from operations (23,378,000) (10,227,000)
Other income (expense)    
Change in fair value of derivative liabilities 4,538,000 9,940,000
Other expenses (554,000) (302,000)
Total other income, net 3,984,000 9,638,000
Loss before taxes (19,394,000) (589,000)
Income tax benefit 556,000 73,000
Net loss (18,838,000) (516,000)
Excess of fair value of consideration transferred on conversion of Series B redeemable convertible preferred stock (3,580,000)  
Accretion of Series B redeemable convertible preferred stock (1,858,000) (10,278,000)
Net loss attributable to common stockholders $ (24,276,000) $ (10,794,000)
Per share information:    
Net loss per share of common stock - basic & diluted $ (2.47) $ (1.99)
Weighted average number of shares of common stock outstanding - basic & diluted 9,838,455 5,411,204