General form of registration statement for all companies including face-amount certificate companies

Condensed Statements of Operations (Unaudited)

v3.7.0.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]            
Revenues
Operating expenses:            
Research and development 1,274,634 852,596 2,567,414 1,589,696 3,606,515 1,966,221
General and administrative 635,007 674,569 1,575,096 1,154,501 2,470,062 1,908,080
Total operating expenses 1,909,641 1,527,165 4,142,510 2,744,197 6,076,577 3,874,301
Operating loss (1,909,641) (1,527,165) (4,142,510) (2,744,197) (6,076,577) (3,874,301)
Other income (expense):            
Interest income 4,242 1,274 6,405 3,930 9,368 4,762
Interest expense (1,140) (1,882) (2,485) (3,757) (7,594) (7,022)
Other expense         (1,453)
Amortization of debt discount (49) (59) (98) (196) (196)
Total other income (expense) 3,102 (657) 3,861 75 1,578 (3,909)
Net loss $ (1,906,539) $ (1,527,822) $ (4,138,649) $ (2,744,122) $ (6,074,999) $ (3,878,210)
Basic and diluted net loss per share $ (0.05) $ (0.05) $ (0.12) $ (0.08) $ (0.18) $ (0.12)
Weighted average common shares outstanding - basic and diluted 35,857,701 32,880,589 35,823,121 32,605,984 33,130,424 32,044,274