Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS        
Collaboration Revenue $ 0 $ 242,012 $ 2,686,000 $ 1,338,020
Operating Expenses:        
Research and Development (763,896) (1,837,799) (1,485,373) (4,358,808)
General and Administrative (1,105,904) (1,202,531) (2,241,787) (2,156,579)
Total Operating Expenses (1,869,800) (3,040,330) (3,727,160) (6,515,387)
Operating Loss Before Other Expense (1,869,800) (2,798,318) (1,041,160) (5,177,367)
Other Income, Net:        
Interest Income 32,636 18,367 74,913 18,393
Interest Expense (108) (304) (216) (608)
Total Other Income, Net 32,528 18,063 74,697 17,785
Net Loss $ (1,837,272) $ (2,780,255) $ (966,463) $ (5,159,582)
Net Loss per Common Share- Basic and Diluted $ (0.04) $ (0.07) $ (0.02) $ (0.19)
Weighted Average Shares Outstanding- Basic and Diluted 43,800,288.00 37,484,329.00 43,785,475.00 27,426,668.00
Net Loss $ (1,837,272) $ (2,780,255) $ (966,463) $ (5,159,582)
Other Comprehensive Loss:        
Foreign Currency Translation Adjustments 1,355 2,006 857 3,240
Comprehensive Loss $ (1,835,917) $ (2,778,249) $ (965,606) $ (5,156,342)