Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v2.4.1.9
Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenue:    
Product revenues $ 0us-gaap_SalesRevenueGoodsNet $ 0us-gaap_SalesRevenueGoodsNet
License revenues 7,000us-gaap_LicenseAndServicesRevenue 0us-gaap_LicenseAndServicesRevenue
TOTAL REVENUE 7,000us-gaap_SalesRevenueNet 0us-gaap_SalesRevenueNet
Cost of Product Revenue 0us-gaap_CostOfGoodsAndServicesSold 0us-gaap_CostOfGoodsAndServicesSold
Gross profit (loss) 7,000us-gaap_GrossProfit 0us-gaap_GrossProfit
Operating Expenses:    
Research and development 250,000us-gaap_ResearchAndDevelopmentExpense 0us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 1,568,000us-gaap_SellingGeneralAndAdministrativeExpense 101,000us-gaap_SellingGeneralAndAdministrativeExpense
Total operating expenses 1,818,000us-gaap_OperatingExpenses 101,000us-gaap_OperatingExpenses
Loss from Operations (1,811,000)us-gaap_OperatingIncomeLoss (101,000)us-gaap_OperatingIncomeLoss
Change in value of warrant and derivative liabilities (11,266,000)us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings (72,000)us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
Interest expense (7,439,000)us-gaap_InterestExpense (197,000)us-gaap_InterestExpense
Total Other Income (Expense) (18,705,000)us-gaap_NonoperatingIncomeExpense (269,000)us-gaap_NonoperatingIncomeExpense
Income/(loss) before minority interest and provision for income taxes (20,516,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (370,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Plus: net loss attributable to the noncontrolling interest 0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (1,000)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Income/(loss) before provision for income taxes (20,516,000)OXIS_ParentPortionIncomeLossBeforeProvisionForIncomeTaxes (371,000)OXIS_ParentPortionIncomeLossBeforeProvisionForIncomeTaxes
Provision for income taxes 0us-gaap_IncomeTaxExpenseBenefit 0us-gaap_IncomeTaxExpenseBenefit
Net income/(loss) $ (20,516,000)us-gaap_NetIncomeLoss $ (371,000)us-gaap_NetIncomeLoss
Weighted Average Common Shares Outstanding - Basic 595,444,821us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 573,051,524us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted Average Common Shares Outstanding - Diluted 595,444,821us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 573,051,524us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Income (loss) per share - Basic $ 0.03us-gaap_EarningsPerShareBasic $ 0us-gaap_EarningsPerShareBasic
Income (loss) per share - Diluted $ 0.03us-gaap_EarningsPerShareDiluted $ 0us-gaap_EarningsPerShareDiluted