v3.19.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total Revenues $ 83,363 $ 31,243 $ 114,428
Selling, general and administrative expenses 1,531,639 2,914,723 2,832,210 4,161,731
Research and development expenses 428,310 280,419 741,323 520,912
Loss from Operations (1,959,949) (3,111,779) (3,542,290) (4,568,215)
Other (Income) Expense:        
Amortization of debt discount 2,005,479 6,575,236
Loss (gain) on extinguishment of convertible notes payable 43,474 (1,481,317)
Interest (income) expense, net (13,926) 111,960 (22,541) 322,422
Change in fair value of derivative liabilities (227,279) (191,656)
Total Other (Income) Expense (13,926) 1,933,634 (22,541) 5,224,685
Net Loss (1,946,023) (5,045,413) (3,519,749) (9,792,900)
Deemed dividend to preferred stockholders (3,180,860) (3,310,001)
Net Loss Attributable to Common Stockholders $ (1,946,023) $ (8,226,273) $ (3,519,749) $ (13,102,901)
Net Loss Per Basic and Diluted Common Share: $ (0.13) $ (1.06) $ (0.26) $ (1.88)
Weighted Average Number of Common Shares Outstanding: Basic and Diluted 14,838,193 7,781,603 13,559,921 6,962,193
Royalty Income [Member]        
Revenues:        
Total Revenues $ 28,963 $ 31,243 $ 60,028
Contract Research - Related Party [Member]        
Revenues:        
Total Revenues $ 54,400 $ 54,400

Source