Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.7.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Revenues
Operating expenses:    
Research and development 3,606,515 1,966,221
General and administrative 2,470,062 1,908,080
Total operating expenses 6,076,577 3,874,301
Operating loss (6,076,577) (3,874,301)
Other income (expense):    
Interest income 9,368 4,762
Interest expense (7,594) (7,022)
Other expense (1,453)
Amortization of debt discount (196) (196)
Total other income (expense) 1,578 (3,909)
Net loss $ (6,074,999) $ (3,878,210)
Basic and diluted net loss per share $ (0.18) $ (0.12)
Weighted average common shares outstanding - basic and diluted 33,130,424 32,044,274