Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Operations and Condensed Consolidated Statement of Operations (unaudited)

v2.4.1.9
Condensed Statement of Operations and Condensed Consolidated Statement of Operations (unaudited) (USD $)
3 Months Ended 9 Months Ended
Apr. 30, 2015
Apr. 30, 2014
Apr. 30, 2015
Apr. 30, 2014
Expenses:        
Research and development $ 3,932,322us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 1,700,656us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 9,293,484us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost $ 3,933,611us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
General and administrative 2,053,964us-gaap_GeneralAndAdministrativeExpense 2,115,374us-gaap_GeneralAndAdministrativeExpense 5,371,245us-gaap_GeneralAndAdministrativeExpense 4,472,692us-gaap_GeneralAndAdministrativeExpense
Loss from operations (5,986,286)us-gaap_OperatingIncomeLoss (3,816,030)us-gaap_OperatingIncomeLoss (14,664,729)us-gaap_OperatingIncomeLoss (8,406,303)us-gaap_OperatingIncomeLoss
Other income (expense):        
Non-cash interest expense       (20,684)oncs_NonCashInterestExpense
Net loss before income taxes (5,986,286)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (3,816,030)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (14,664,729)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (8,426,987)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (benefit) for income taxes 1,059us-gaap_IncomeTaxExpenseBenefit 814us-gaap_IncomeTaxExpenseBenefit 1,969us-gaap_IncomeTaxExpenseBenefit 41,773us-gaap_IncomeTaxExpenseBenefit
Net loss $ (5,987,345)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (3,816,844)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (14,666,698)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (8,468,760)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Basic net loss per common share (in dollars per share) (1) $ (0.48)us-gaap_EarningsPerShareBasic [1] $ (0.37)us-gaap_EarningsPerShareBasic [1] $ (1.19)us-gaap_EarningsPerShareBasic [1] $ (0.96)us-gaap_EarningsPerShareBasic [1]
Diluted net loss per common share (in dollars per share) (1) $ (0.48)us-gaap_EarningsPerShareDiluted [1] $ (0.37)us-gaap_EarningsPerShareDiluted [1] $ (1.19)us-gaap_EarningsPerShareDiluted [1] $ (0.96)us-gaap_EarningsPerShareDiluted [1]
Weighted average shares used in computing basic net loss per common share (in shares) (1) 12,349,693us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 10,364,406us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 12,347,450us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1] 8,789,111us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [1]
Weighted average shares used in computing diluted net loss per common share (in shares) (1) 12,349,693us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1] 10,364,406us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1] 12,347,450us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1] 8,789,111us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding [1]
[1] See Note 1, "Reverse Stock Split"