Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]    
Revenue $ 5,830,674 $ 2,931,931
Operating expenses    
Research and development 19,698,803 8,244,751
General and administrative 8,890,886 8,368,215
Total operating expenses 28,589,689 16,612,966
Loss from operations (22,759,015) (13,681,035)
Interest income (expense), net 2,320 (184,645)
Other income, net 119,501 10,905
Loss before income taxes (22,637,194) (13,854,775)
Provision for income tax 161,970 203,866
Net Loss $ (22,799,164) $ (14,058,641)
Net loss per share Basic and diluted $ (0.55) $ (0.41)
Weighted average number of common shares outstanding Basic and diluted 41,713,223 34,392,636