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v3.19.3

Consolidated Statements of Operations and Comprehensive Loss - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018
Operating expenses |  |  |  |
Research and development | $ 3,019,000 | $ 1,915,000 | $ 8,156,000 | $ 6,388,000
Acquired in-process research and development |  |  |  | 6,767,000
General and administrative | 3,758,000 | 514,000 | 7,220,000 | 1,709,000
Total operating expenses | 6,777,000 | 2,429,000 | 15,376,000 | 14,864,000
Loss from operations | (6,777,000) | (2,429,000) | (15,376,000) | (14,864,000)
Other income (expense) |  |  |  |
Interest income | 13,000 | 70,000 | 89,000 | 180,000
Interest expense | (190,000) | (307,000) | (726,000) | (676,000)
Other income (expense) | (1,000) |  | 3,000 |
Change in fair value of derivative liabilities |  | (105,000) | 1,117,000 | (241,000)
Total other income (expense), net | (178,000) | (342,000) | 483,000 | (737,000)
Loss before income taxes | (6,955,000) | (2,771,000) | (14,893,000) | (15,601,000)
Net loss | (6,955,000) | (2,771,000) | (14,893,000) | (15,601,000)
Unrealized gain on investments |  |  |  | 7,000
Comprehensive loss | $ (6,955,000) | $ (2,771,000) | $ (14,893,000) | $ (15,594,000)
Per share information: |  |  |  |
Net loss per share, basic | $ (0.73) | $ (0.60) | $ (2.05) | $ (3.35)
Weighted average shares outstanding, basic | 9,552,688 | 4,652,777 | 7,254,803 | 4,652,777
Net loss per share, diluted | $ (0.73) | $ (0.60) | $ (2.11) | $ (3.35)
Weighted average shares outstanding, diluted | 9,552,688 | 4,652,777 | 7,497,194 | 4,652,777

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