Schedule of Quarterly Financial Information |
Summarized quarterly information for the years ended December 31, 2019 and 2018 is listed below:
|
|
For the quarter ended
|
|
|
|
March 31
|
|
|
June 30
|
|
|
September 30
|
|
|
December 31
|
|
2019
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
66,500
|
|
|
$
|
47,500
|
|
|
$
|
40,500
|
|
|
$
|
45,643
|
|
Operating expenses
|
|
$
|
11,162,041
|
|
|
$
|
9,994,156
|
|
|
$
|
8,342,569
|
|
|
$
|
9,509,277
|
|
Net loss
|
|
$
|
(11,019,468
|
)
|
|
$
|
(9,803,996
|
)
|
|
$
|
(8,184,227
|
)
|
|
$
|
(9,391,398
|
)
|
Loss per share, basic and diluted
|
|
$
|
(0.39
|
)
|
|
$
|
(0.32
|
)
|
|
$
|
(0.27
|
)
|
|
$
|
(0.29
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2018
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
25,000
|
|
|
$
|
205,773
|
|
|
$
|
228,000
|
|
|
$
|
56,050
|
|
Operating expenses
|
|
$
|
13,474,163
|
|
|
$
|
12,510,139
|
|
|
$
|
12,879,961
|
|
|
$
|
12,579,970
|
|
Net loss
|
|
$
|
(13,443,457
|
)
|
|
$
|
(12,298,371
|
)
|
|
$
|
(12,645,291
|
)
|
|
$
|
(12,453,003
|
)
|
Loss per share, basic and diluted
|
|
$
|
(0.55
|
)
|
|
$
|
(0.48
|
)
|
|
$
|
(0.49
|
)
|
|
$
|
(0.48
|
)
|
|