Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Revenue from awards $ 4,822,272 $ 2,440,195
Operating expenses:    
Research and development 48,613,957 26,038,965
General and administrative 12,956,022 8,964,046
Total operating expenses 61,569,979 35,003,011
Operating loss (56,747,707) (32,562,816)
Other income (expense), net:    
Interest income, net 982,777 183,112
Foreign currency exchange gain (loss) 92,791 (41,908)
Other income, net 1,075,568 141,204
Net loss $ (55,672,139) $ (32,421,612)
Net loss per share, basic and diluted $ (0.98) $ (0.65)
Weighted average number of common shares outstanding, basic and diluted 56,999,741 50,176,953