Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Total revenues $ 0 $ 531,000
Expenses:    
Research and development 11,737,000 8,162,000
General and administrative 5,659,000 2,878,000
Depreciation and amortization 1,658,000 174,000
Total expenses 19,054,000 11,214,000
Loss from operations (19,054,000) (10,683,000)
Interest and miscellaneous income 499,000 156,000
Interest and other expense 0 (3,000)
Net loss $ (18,555,000) $ (10,530,000)
Basic and diluted loss per common share (in dollars per share) $ (0.39) $ (0.22)
Weighted average number of common shares outstanding – basic and diluted 47,948,421 47,060,523
Foundation revenues [Member]    
Revenues:    
Total revenues $ 0 $ 481,000
Royalties [Member]    
Revenues:    
Total revenues $ 0 $ 50,000