Condensed Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2018 |
Sep. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
|
| Operating expenses: | ||||
| Research and development | $ 1,599,045 | $ 1,364,728 | $ 4,691,250 | $ 3,577,357 |
| General and administrative | 376,796 | 164,665 | 1,290,082 | 551,555 |
| Total operating expenses | 1,975,841 | 1,529,393 | 5,981,332 | 4,128,912 |
| Loss from operations | (1,975,841) | (1,529,393) | (5,981,332) | (4,128,912) |
| Other income (expense) | ||||
| Interest expense | (65) | (264,905) | (65) | (451,664) |
| Interest income | 104,799 | 30,322 | 325,883 | 53,034 |
| Other income (expense), net | 104,734 | (234,583) | 325,818 | (398,630) |
| Net loss before income taxes | (1,871,107) | (1,763,976) | (5,655,514) | (4,527,542) |
| Income tax benefits | 0 | 0 | 0 | 0 |
| Net loss | $ (1,871,107) | $ (1,763,976) | $ (5,655,514) | $ (4,527,542) |
| Net loss per share, basic and diluted | $ (0.18) | $ (0.26) | $ (0.56) | $ (0.69) |
| Weighted average common shares outstanding, basic and diluted | 10,128,606 | 6,846,827 | 10,111,843 | 6,577,191 |