Quarterly report pursuant to Section 13 or 15(d)

Statements of Operations

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Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 0 $ 0 $ 0 $ 0
Operating expenses:        
Research and development 219,846 303,684 1,384,740 1,253,472
General and administrative 539,602 363,848 1,714,126 1,151,317
Total operating expenses 759,448 667,532 3,098,866 2,404,789
Loss from operations (759,448) (667,532) (3,098,866) (2,404,789)
Other income:        
Interest income 23,368 27,348 80,851 67,318
Net loss (736,080) (640,184) (3,018,015) (2,337,471)
Other comprehensive income (loss):        
Foreign currency translation gain (loss) (8,739) (806) (9,799) (2,385)
Comprehensive loss $ (744,819) $ (640,990) $ (3,027,814) $ (2,339,856)
Net loss per share:        
Basic and diluted $ (0.08) $ (0.07) $ (0.32) $ (0.25)
Weighted average shares outstanding:        
Basic and diluted 9,291,421 9,291,421 9,291,421 9,291,421