Annual report pursuant to Section 13 and 15(d)

Statements of Operations

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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Grant revenue $ 1,152,987 $ 0 $ 0
Operating expenses:      
Research and development 10,149,879 6,587,183 12,240,535
General and administrative 7,083,155 4,422,764 4,875,030
Loss from operations (16,080,047) (11,009,947) (17,115,565)
Other income (expense):      
Change in fair value of warrant liability, unit purchase option liability and investor rights obligation 72,625 1,313,049 2,266,161
Interest income (expense), net (464,181) (793,205) (1,206,187)
Total other income (expense) (391,556) 519,844 1,059,974
Net loss (16,471,603) (10,490,103) (16,055,591)
Net loss attributable to common stockholders $ (16,471,603) $ (10,490,103) $ (3,521,153)
Net loss per share of common stock, basic and diluted $ (1.87) $ (4.71) $ (5.48)
Weighted-average shares of common stock outstanding, basic and diluted 8,830,396 2,226,023 642,052