Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating costs and expenses:        
Research and development $ (3,520,638) $ (735,879) $ (4,471,939) $ (2,369,219)
General and administrative (2,142,505) (1,079,008) (3,896,657) (3,267,597)
Goodwill impairment (3,283,379) 0 (3,283,379) 0
Loss from operations (8,946,522) (1,814,887) (11,651,975) (5,636,816)
Other income (expense):        
Other income (expense) (223) 2,292 267 (24,838)
Interest income 46,617 59 46,930 424
Total other income (expense) 46,394 2,351 47,197 (24,414)
Net loss (8,900,128) (1,812,536) (11,604,778) (5,661,230)
Deemed dividend (1,404,932) 0 (5,284,379) 0
Net loss applicable to common stockholders $ (10,305,060) $ (1,812,536) $ (16,889,157) $ (5,661,230)
Basic and diluted loss per share $ (2.67) $ (2.31) $ (9.07) $ (7.58)
Weighted-average shares of common stock outstanding, basic and diluted 3,862,936 783,865 1,861,867 746,629