General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)

v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Dec. 31, 2017
Operating expenses        
Research and development $ 320,986 $ 25,000 $ 329,966 $ 311,302
General and administrative 1,194,081 1,226,361 4,362,557 3,547,927
Total operating expenses 1,515,067 1,251,361 4,692,523 3,859,229
Operating loss (1,515,067) (1,251,361) (4,692,523) (3,859,229)
Other expense (income)        
Change in fair value of derivative liabilities 12,820,618 (977,493) 6,503,174 (767,198)
Fair value of warrant liability in excess of proceeds 322,644 7,174,634 7,174,634  
Financing transaction costs   137,191 137,192  
Loss on extinguishment of secured convertible promissory note - related party   590,392 590,392  
Interest expense 116,063 37,708 94,763 667
Interest income     (84)  
Loss before income taxes     (19,192,594) (3,092,698)
Provision for income taxes     1,642 1,600
Net loss and comprehensive loss $ (14,774,392) $ (8,213,793) (19,194,236) (3,094,298)
Less: Preferred deemed dividend       1,044,000
Net loss applicable to common shareholders     $ (19,194,236) $ (4,138,298)
Basic and diluted net loss per common share (in dollars per share) $ (0.11) $ (0.09) $ (0.16) $ (0.11)
Weighted average shares of common stock outstanding: basic and diluted (in shares) 132,729,246 88,632,979 121,154,334 27,906,090