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v2.4.1.9

Condensed Consolidated Statements of Operations (Unaudited) (USD $) | 3 Months Ended
--- | ---
Mar. 31, 2015 | Mar. 31, 2014
Revenue: |  |
Revenue from licensing agreements | $ 20,997 us-gaap_Revenues | $ 23,584 us-gaap_Revenues
Operating expenses: |  |
Research and development | 6,292,191 us-gaap_ResearchAndDevelopmentExpense | 4,629,673 us-gaap_ResearchAndDevelopmentExpense
General and administrative | 2,689,196 us-gaap_GeneralAndAdministrativeExpense | 2,236,014 us-gaap_GeneralAndAdministrativeExpense
Total operating expenses | 8,981,387 us-gaap_OperatingExpenses | 6,865,687 us-gaap_OperatingExpenses
Loss from operations | (8,960,390)us-gaap_OperatingIncomeLoss | (6,842,103)us-gaap_OperatingIncomeLoss
Other income (expense): |  |
Change in fair value of warrant liability | (347,330)us-gaap_FairValueAdjustmentOfWarrants | (326,624)us-gaap_FairValueAdjustmentOfWarrants
Interest income | 1,394 us-gaap_InvestmentIncomeInterest | 2,185 us-gaap_InvestmentIncomeInterest
Interest expense | (185,356)us-gaap_InterestExpense | (380,488)us-gaap_InterestExpense
Other income (expense), net | 140,981 us-gaap_OtherNonoperatingIncomeExpense | (15,498)us-gaap_OtherNonoperatingIncomeExpense
Total other expense, net | (390,311)us-gaap_NonoperatingIncomeExpense | (720,425)us-gaap_NonoperatingIncomeExpense
Net loss from continuing operations | (9,350,701)us-gaap_IncomeLossFromContinuingOperations | (7,562,528)us-gaap_IncomeLossFromContinuingOperations
Discontinued operations: |  |
Loss from discontinued operations |  | (57,728)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net loss | $ (9,350,701)us-gaap_NetIncomeLoss | $ (7,620,256)us-gaap_NetIncomeLoss
Basic and diluted net loss per share: |  |
Basic and diluted net loss per share from continuing operations | $ (0.14)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare | $ (0.14)us-gaap_IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
Basic and diluted net loss per share from discontinued operations | $ 0 us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare | $ 0 us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
Basic and diluted net loss per share | $ (0.14)us-gaap_EarningsPerShareBasicAndDiluted | $ (0.14)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average number of common shares outstanding, basic and diluted | 69,219,964 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted | 55,343,877 us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted

X
- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References No definition available. + Details
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