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During the three months ended March 31, 2017, we incurred a net loss of $1,435,365 due to general and
administrative expenses of $1,401,349, and research and development expenses of $34,016. During the three months ended March 31, 2016, we incurred a net loss
of $314,388 due to general and administrative expenses of $221,556, research and development expenses of $37,043.

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