Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.5.0.2
Consolidated Statements of Operations - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Research and development    
Compensation and benefits $ 1,303,840 $ 865,203
Consultants and outside costs 271,475 263,991
Material manufacturing costs 511,707 620,143
Facilities and other costs 398,907 219,025
Research and development 2,485,929 1,968,362
General and administrative    
Compensation and benefits 866,901 947,171
Professional fees 146,151 122,061
Investor relations 68,107 56,918
General and administrative 256,596 205,183
General and administrative 1,337,755 1,331,333
Total operating expenses 3,823,684 3,299,695
Loss from operations (3,823,684) (3,299,695)
Other income (expense)    
Interest income 0 771
Interest expense (1,595) (1,613)
Derivative gains 9,412 12,587
Total other income (expense) 7,817 11,745
Net loss $ (3,815,867) $ (3,287,950)
Net loss per common share - basic and diluted $ (0.11) $ (0.14)
Weighted average number of common shares outstanding - basic and diluted 35,400,427 24,338,219