Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Comprehensive Loss

v3.20.1
Consolidated Statements of Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenue    
Total revenues $ 17,066 $ 0
Operating costs and expenses:    
Research and development (4,889,340) (2,883,952)
General and administrative (4,731,176) (4,392,375)
Goodwill impairment (Note 6) (3,283,379) 0
Total operating costs and expenses (12,903,895) (7,276,327)
Loss from operations (12,886,829) (7,276,327)
Other income (expense):    
Other income (expense) 3,315 (24,640)
Interest income, net 108,489 509
Total other income (expense) 111,804 (24,131)
Net loss (12,775,025) (7,300,458)
Deemed dividend (5,284,379) 0
Net loss applicable to common stockholders $ (18,059,404) $ (7,300,458)
Basic and diluted loss per share $ (6.33) $ (9.66)
Weighted-average shares of common stock outstanding, basic and diluted 2,852,464 756,015
Royalty [Member]    
Revenue    
Total revenues $ 17,066 $ 0