v3.8.0.1
STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating expenses:    
Research and development $ 4,756,468 $ 2,654,501
General and administrative 8,138,117 8,499,304
Depreciation 11,698 10,475
Total operating expenses 12,906,283 11,164,280
Loss from operations (12,906,283) (11,164,280)
Other income (expense):    
Gain (loss) on change in fair value of derivatives 210,465 (422,908)
Interest income 75 1
Loss before income taxes (12,695,743) (11,587,187)
Income taxes (benefit) 0 0
Net loss (12,695,743) (11,587,187)
Preferred stock dividend (119,877) (110,023)
NET LOSS AVAILABLE TO COMMON STOCKHOLDERS $ (12,815,620) $ (11,697,210)
Net loss per common share, basic and diluted (in Dollars per share) $ (0.50) $ (0.60)
Weighted average number of common shares outstanding, basic and diluted (in Shares) 25,550,686 19,490,767

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