Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.2
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 0 $ 276,000 $ 0 $ 807,000
Expenses:        
Research and development 16,307,000 7,916,000 28,044,000 16,078,000
General and administrative 5,612,000 4,627,000 11,271,000 7,505,000
Depreciation and amortization 2,057,000 290,000 3,715,000 464,000
Total expenses 23,976,000 12,833,000 43,030,000 24,047,000
Loss from operations (23,976,000) (12,557,000) (43,030,000) (23,240,000)
Interest and miscellaneous income 52,000 317,000 551,000 473,000
Interest and other expense 0 (3,000) 0 (6,000)
Net loss $ (23,924,000) $ (12,243,000) $ (42,479,000) $ (22,773,000)
Basic and diluted loss per common share (in dollars per share) $ (0.49) $ (0.26) $ (0.88) $ (0.48)
Weighted average number of common shares outstanding - basic and diluted 48,961,988 47,303,518 48,458,004 47,182,691
Foundation revenues        
Revenues:        
Total revenues $ 0 $ 259,000 $ 0 $ 740,000
Royalties        
Revenues:        
Total revenues $ 0 $ 17,000 $ 0 $ 67,000