Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.19.3
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues
Operating expenses:        
Research and development 1,943,746 3,435,509 4,734,020 7,948,951
General and administrative 1,283,721 1,061,709 4,279,223 3,290,113
Total operating expenses 3,227,467 4,497,218 9,013,243 11,239,064
Operating loss (3,227,467) (4,497,218) (9,013,243) (11,239,064)
Other (expense) income:        
Interest income 66,693 72,810 248,586 91,818
Interest expense (78,690) (78,691) (233,508) (153,307)
Amortization of debt discount and offering costs (109,963) (109,943) (329,888) (215,187)
Total other (expense) income (121,960) (115,824) (314,810) (276,676)
Net loss $ (3,349,427) $ (4,613,042) $ (9,328,053) $ (11,515,740)
Basic and diluted net loss per share $ (0.08) $ (0.11) $ (0.22) $ (0.28)
Weighted average common shares outstanding - basic and diluted 42,861,422 42,478,877 42,766,300 40,815,309