Selected Quarterly Information
 12 Months Ended
Dec. 31, 2016
Selected Quarterly Information [Abstract]  
Selected Quarterly Information

Note 9 — Selected Quarterly Information

 

The following table presents summarized quarterly financial data for each of the four quarters in the year ended December 31, 2016, December 31, 2015 and for the period from May 21, 2014 (inception) through December 31, 2014. The data has been derived from our financial statements that, in management’s opinion, include all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of such information when read in conjunction with the Financial Statements and Notes thereto. The results of operations for any quarter are not necessarily indicative of the results of operations for any future period.

 

    First
Quarter		     Second  Quarter     Third   Quarter     Fourth   Quarter  
Year ended December 31, 2016                                
Operating costs   $ 202,301     $ 121,410     $ 125,641     $ 240,216  
Interest income   $ 46,096     $ 56,292     $ 71,155     $ 81,327  
Net loss   $ (156,205 )   $ (65,118 )   $ (54,486 )   $ (158,889 )
Basic and diluted loss per share   $ (0.03 )   $ (0.01 )   $ (0.01 )   $ (0.01 )

 

    First     Second     Third     Fourth  
    Quarter     Quarter     Quarter     Quarter  
Year ended December 31, 2015                        
Operating costs   $ 8,217     $ 109,511     $ 112,316     $ 108,487  
Interest income   $ 24     $ 17,127     $ 22,574     $ 35,618  
Net loss   $ (8,193 )   $ (92,384 )   $ (89,741 )   $ (72,870 )
Basic and diluted loss per share   $ (0.00 )   $ (0.02 )   $ (0.02 )   $ (0.02 )

 

    Second     Third     Fourth  
    Quarter     Quarter     Quarter  
Period from May 21, 2014 (inception) through December 31, 2014                  
Operating costs   $ 542     $ 574     $ 208  
Net loss   $ (542 )   $ (574 )   $ (208 )