Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total revenues $ 1,709,000 $ 219,000 $ 5,126,000 $ 622,000
Expenses        
Research and development 13,150,000 3,277,000 29,228,000 11,283,000
General and administrative 4,970,000 2,166,000 12,475,000 7,830,000
Depreciation and amortization 505,000 138,000 969,000 595,000
Total expenses 18,625,000 5,581,000 42,672,000 19,708,000
Loss from operations (16,916,000) (5,362,000) (37,546,000) (19,086,000)
Interest and miscellaneous income 500,000 21,000 973,000 224,000
Interest and other expense (3,000) (2,000) (9,000) (7,000)
Total non operating income (expense) 497,000 19,000 964,000 217,000
Net loss $ (16,419,000) $ (5,343,000) $ (36,582,000) $ (18,869,000)
Basic and diluted loss per common share (in dollars per share) $ (0.34) $ (0.13) $ (0.77) $ (0.47)
Weighted average number of common shares outstanding (in shares) 47,794,394 40,377,890 47,388,833 40,301,601
Foundation grants [Member]        
Revenues        
Total revenues $ 1,687,000 $ 0 $ 5,037,000 $ 0
Royalties [Member]        
Revenues        
Total revenues 22,000 68,000 89,000 170,000
License revenues [Member]        
Revenues        
Total revenues $ 0 $ 151,000 $ 0 $ 452,000