Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (unaudited)

v3.5.0.2
Condensed Statements of Operations (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenues
Operating expenses:        
Research and development 852,596 447,287 1,589,696 710,047
General and administrative 674,569 418,932 1,154,501 935,918
Total operating expenses 1,527,165 866,219 2,744,197 1,645,965
Operating loss (1,527,165) (866,219) (2,744,197) (1,645,965)
Other income (expense):        
Interest income 1,274 1,022 3,930 2,199
Interest expense (1,882) (1,756) (3,757) (3,512)
Other expense (528) (1,419)
Amortization of debt discount (49) (49) (98) (98)
Total other (expense) income (657) (1,311) 75 (2,830)
Net loss $ (1,527,822) $ (867,530) $ (2,744,122) $ (1,648,795)
Basic and diluted net loss per share $ (0.05) $ (0.03) $ (0.08) $ (0.05)
Weighted average common shares outstanding - basic and diluted 32,880,589 32,320,891 32,605,984 31,763,073