Annual report pursuant to Section 13 and 15(d)

Quarterly Financial Date (unaudited) (Tables)

v3.7.0.1
Quarterly Financial Date (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Information [Table Text Block]
(in thousands, except per share data)
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenue
 
$
-
 
$
-
 
$
-
 
$
-
 
Operating expenses
 
$
822
 
$
1,040
 
$
1,670
 
$
7,831
 
Other income/(expense)
 
$
(81)
 
$
(93)
 
$
(200)
 
$
(917)
 
Net loss
 
$
(903)
 
$
(1,133)
 
$
(1,870)
 
$
(8,748)
 
Basic and diluted net loss per common share
 
$
(0.09)
 
$
(0.11)
 
$
(0.19)
 
$
(0.64)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Revenue
 
$
-
 
$
-
 
$
-
 
$
-
 
Operating expenses
 
$
2,260
 
$
537
 
$
658
 
$
843
 
Other income/(expense)
 
$
-
 
$
(42)
 
$
(58)
 
$
(68)
 
Net loss
 
$
(2,260)
 
$
(579)
 
$
(716)
 
$
(911)
 
Basic and diluted net loss per common share
 
$
(0.23)
 
$
(0.06)
 
$
(0.07)
 
$
(0.09)