Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations

v3.7.0.1
Condensed Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue - related party $ 351 $ 1,249 $ 1,044 $ 1,526
Operating expenses:        
Research and development 5,506 5,446 9,210 7,811
General and administrative 1,317 1,221 2,720 2,405
Total operating expenses 6,823 6,667 11,930 10,216
Loss from operations (6,472) (5,418) (10,886) (8,690)
Other income (expense)        
Interest income 24 13 55 24
Interest expense and debt amortization 0 0 0 (344)
Total other income (expense) 24 13 55 (320)
Net Loss $ (6,448) $ (5,405) $ (10,831) $ (9,010)
Loss per Share:        
Basic and diluted net loss per common share outstanding $ (0.28) $ (0.25) $ (0.48) $ (0.42)
Basic and diluted weighted average number of common shares outstanding 22,731,154 21,728,205 22,397,137 21,251,668