Consolidated Statements of Operations and Comprehensive Loss - USD ($)
|
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
| Consolidated Statements Of Operations And Comprehensive Loss |
|
|
| Revenue |
|
|
| Operating Expenses |
|
|
| General and administrative |
741,655
|
669,016
|
| Professional fees |
2,366,057
|
1,606,259
|
| Salaries and office administrative fees |
2,321,376
|
1,628,726
|
| Research and development |
6,837,515
|
6,101,718
|
| Total Operating Expenses |
12,266,603
|
10,005,719
|
| Net Operating Loss |
(12,266,603)
|
(10,005,719)
|
| Other Income (Expenses) |
|
|
| Grants received |
361,325
|
146,812
|
| Other expenses |
|
(15,683)
|
| Gain on derivative re-measurement |
|
339,744
|
| Net Other Income |
361,325
|
470,873
|
| Provision for income taxes |
|
4,604
|
| Net Loss |
(11,905,278)
|
(9,530,242)
|
| Other Comprehensive (Loss) Gain |
|
|
| Foreign currency translation adjustments |
(109,126)
|
19,661
|
| Total Other Comprehensive (Loss) Gain |
(109,126)
|
19,661
|
| Net Comprehensive Loss |
$ (12,014,404)
|
$ (9,510,581)
|
| Net Loss per Share - Basic and Diluted |
$ (0.52)
|
$ (0.54)
|
| Weighted Average Shares Outstanding - Basic and Diluted |
23,049,089
|
17,731,809
|