GNPX 2017 Annual Report

77 Item 6. Selected Financial Data. The following selected financial data should be read in conjunction with “ Management’s Discussion and Analysis of Financial Condition and Results of Operations ,” and our financial statements and the related notes thereto, each included elsewhere in this Annual Report on Form 10-K. The statements of operations data for the years ended December 31, 2017 and 2016 and the balance sheet data as of December 31, 2017 and 2016 are derived from our audited financial statements included elsewhere in this Annual Report on Form 10- K. Our historical results are not necessarily indicative of the results that may be expected in any future period. Year Ended December 31, 2017 2016 Statement of Operations Data: Revenues $ — $ — Depreciation 3,242 862 Research and development expense 289,934 354,883 General and administrative expense 3,019,171 3,776,414 Net loss $ (3,314,157) $ (4,132,159) Net loss per share—basic and diluted $ (0.29) $ (0.38) Weighted average number of common shares—basic and diluted 11,500,032 10,834,685 As of December 31, 2017 2016 Balance Sheet Data: Cash $ 161,251 $ 1,602,295 Working capital (637,390) 1,353,167 Total assets 1,259,538 1,910,529 Accumulated deficit (17,452,352) (14,138,195) Total stockholders’ equity 428,574 1,624,868