Schedule of Quarterly Financial Information |
Summarized quarterly information for the years ended December 31, 2018 and 2017 is listed below:
|
|
For the quarter ended
|
|
|
|
March 31
|
|
|
June 30
|
|
|
September 30
|
|
|
December 31
|
|
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
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2017
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue
|
|
$
|
575,368
|
|
|
$
|
299,506
|
|
|
$
|
250,000
|
|
|
$
|
29,135
|
|
Operating expenses
|
|
$
|
13,051,387
|
|
|
$
|
13,220,879
|
|
|
$
|
13,001,623
|
|
|
$
|
11,267,948
|
|
Net loss
|
|
$
|
(12,473,140
|
)
|
|
$
|
(12,919,010
|
)
|
|
$
|
(12,748,248
|
)
|
|
$
|
(11,236,477
|
)
|
Loss per share, basic and diluted
|
|
$
|
(0.61
|
)
|
|
$
|
(0.63
|
)
|
|
$
|
(0.58
|
)
|
|
$
|
(0.50
|
)
|
|