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v3.7.0.1

Consolidated Statement of Operations and Comprehensive Loss - USD ($) | 3 Months Ended | 5 Months Ended
--- | --- | ---
Mar. 31, 2017 | Dec. 31, 2016
Revenue |  | $ 0
Operating Expenses: |  |
Research and development | $ 64,022 | 411,741
General and administrative | 947,970 | 1,772,169
Total operating expenses | 1,011,992 | 2,183,910
Loss from operations | (1,011,992) | (2,183,910)
Other income (loss): |  |
Interest and dividend income, net | 54 | 11,173
Change in fair value of conversion feature | 7,110 | 1,385
Realized loss on available-for-sale securities |  | (16,406)
Total other (loss) income | 7,164 | (3,848)
Net loss | $ (1,004,828) | (2,187,758)
Other Comprehensive Loss |  |
Unrealized loss on available-for-sale securities before reclassification, net of tax |  | 16,406
Reclassification adjustment for loss, net of tax |  | (16,406)
Other Comprehensive Loss |  | 0
Comprehensive Loss |  | $ (2,187,758)
Basic and diluted net loss per common share (in dollar per share) | $ (0.11) | $ (0.65)
Weighted average number of shares outstanding - basic and diluted (in shares) | 9,537,523 | 3,353,282

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