Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]    
Revenue
Operating expenses    
Research and development 652,576 321,720
General and administrative expenses 1,263,243 761,323
Total operating expenses 1,915,819 1,083,043
Loss from operations (1,915,819) (1,083,043)
Other income (expense)    
Interest income 90 496
Change in fair value of derivative liabilities (157,216) 14,015
Total other income (expense) (157,126) 14,511
Net loss $ (2,072,945) $ (1,068,532)
Net loss per common share - basic and diluted (in dollars per share) $ (0.13) $ (0.09)
Weighted average common shares outstanding - basic and diluted (in shares) 15,701,709 12,392,115