XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
NET SALES
COST AND EXPENSE        
Research and development 589,038 1,047,963 1,784,871 2,312,662
General and administrative 354,288 881,961 1,257,096 1,735,053
TOTAL COST AND EXPENSE 943,326 1,929,924 3,041,967 4,047,715
LOSS FROM OPERATIONS (943,326) (1,929,924) (3,041,967) (4,047,715)
OTHER INCOME (EXPENSE)        
Interest income and other income 62 63 191 187
Commitment fee (22,177) (260,142)
NET LOSS $ (965,441) $ (1,929,861) $ (3,301,918) $ (4,047,528)
Basic and Diluted Loss per Share $ (0.01) $ (0.03) $ (0.05) $ (0.07)
Basic and Diluted Weighted Average Number of Shares 66,159,280 61,247,805 65,816,072 59,736,654