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Nature of Operations and Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2019
Schedule of Statement of Operations | The table below presents the impact of the adoption of ASC 606 on our statement of operations for the year ended December 31, 2018.
|  | For the year ended December 31, 2018 |
|  | Under |  |  | Effect of |  |  | As Reported |
|  | ASC 605 |  |  | ASC 606 |  |  | Under ASC 606 |
Revenues |  |  |  |  |  |  |  |  |
Foundation revenues |  | $ | - |  |  | $ | 2,796,000 |  |  | $ | 2,796,000 |
License revenues |  |  | 602,000 |  |  |  | (602,000 | ) |  |  | - |
Total revenues |  |  | 804,000 |  |  |  | 2,194,000 |  |  |  | 2,998,000 |
Loss from operations |  |  | (60,360,000 | ) |  |  | 2,194,000 |  |  |  | (58,166,000 | )
Net loss |  |  | (58,865,000 | ) |  |  | 2,194,000 |  |  |  | (56,671,000 | )
Basic and diluted loss per common share |  |  | (1.24 | ) |  |  | 0.05 |  |  |  | (1.19 | )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share | We did not include the following potentially dilutive securities in the computation of diluted net loss per common share during the periods presented:
|  | For the years ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Warrants |  |  | 70,000 |  |  |  | 1,820,686 |  |  |  | 2,934,685 |
Stock options |  |  | 6,055,395 |  |  |  | 5,841,805 |  |  |  | 5,429,727 |
Total |  |  | 6,125,395 |  |  |  | 7,662,491 |  |  |  | 8,364,412 |
Schedule of Stock Based Compensation | The following table summarizes stock option-based option compensation for 2019, 2018 and 2017, which was allocated as follows:
|  | For the years ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Research and development |  | $ | 3,932,000 |  |  | $ | 3,913,000 |  |  | $ | 1,668,000 |
General and administrative |  |  | 3,406,000 |  |  |  | 4,265,000 |  |  |  | 2,976,000 |
Stock option-based compensation expense included in operating expense |  |  | 7,338,000 |  |  |  | 8,178,000 |  |  |  | 4,644,000 |
Total stock option-based compensation expense |  |  | 7,338,000 |  |  |  | 8,178,000 |  |  |  | 4,644,000 |
Tax benefit |  |  | - |  |  |  | - |  |  |  | - |
Stock option-based compensation expense, net of tax |  | $ | 7,338,000 |  |  | $ | 8,178,000 |  |  | $ | 4,644,000 |
Restricted Stock [Member] |
Schedule of Stock Based Compensation | The following table summarizes restricted stock-based compensation for 2019, 2018 and 2017, which was allocated as follows:
|  | For the years ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Research and development |  | $ | 454,000 |  |  | $ | - |  |  | $ | - |
General and administrative |  |  | 445,000 |  |  |  | 688,000 |  |  |  | 1,272,000 |
Restricted stock-based compensation expense included in operating expense |  |  | 899,000 |  |  |  | 688,000 |  |  |  | 1,272,000 |
Total restricted stock-based compensation expense |  |  | 899,000 |  |  |  | 688,000 |  |  |  | 1,272,000 |
Tax benefit |  |  | - |  |  |  | - |  |  |  | - |
Restricted stock-based compensation expense, net of tax |  | $ | 899,000 |  |  | $ | 688,000 |  |  | $ | 1,272,000 |

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