Condensed Statement Of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2016 |
Sep. 30, 2015 |
Sep. 30, 2016 |
Sep. 30, 2015 |
|
| Condensed Statement Of Operations | ||||
| Revenues | ||||
| Expenses: | ||||
| General and administrative | 1,418,990 | 1,554,748 | 4,490,145 | 4,664,300 |
| Research and development | 2,298,585 | 3,103,807 | 8,004,193 | 9,231,903 |
| Total Expenses | 3,717,575 | 4,658,555 | 12,494,338 | 13,896,203 |
| Loss from Operations | (3,717,575) | (4,658,555) | (12,494,338) | (13,896,203) |
| Other Income (Expense) | ||||
| Interest income | 26,145 | 23,724 | 83,884 | 81,326 |
| Unrealized gain on fair value of warrants | 967,637 | 608,301 | 3,941,682 | 2,282,476 |
| Financing expense | (143,203) | (313,090) | ||
| Total Other Income (Expense) | 850,579 | 632,025 | 3,712,476 | 2,363,802 |
| Net Loss Before Provision for Income Taxes | (2,866,996) | (4,026,530) | (8,781,862) | (11,532,401) |
| Provision for income taxes | ||||
| Net Loss | $ (2,866,996) | $ (4,026,530) | $ (8,781,862) | $ (11,532,401) |
| Net loss per share, basic and diluted | $ (0.01) | $ (0.02) | $ (0.04) | $ (0.06) |
| Weighted average number of shares outstanding, basic and diluted | 216,441,828 | 180,701,360 | 210,758,475 | 179,888,770 |