Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

v3.10.0.1
Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 37,076,181 $ 12,795,254
Accounts receivable 205,773 0
Prepaid expenses and other current assets 589,950 1,026,310
Prepaid rent, current 80,784 80,784
Total current assets 37,952,688 13,902,348
Property and equipment, net 1,387,902 1,413,917
Prepaid rent, non-current 16,276 56,668
Other assets 32,512 32,512
Total assets 39,389,378 15,405,445
Current liabilities:    
Accounts payable 2,385,992 2,024,690
Accrued expenses 1,833,543 1,622,025
Total current liabilities 4,219,535 3,646,715
Commitments and contingencies
Stockholders’ equity:    
Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at June 30, 2018 and December 31, 2017; no shares issued or outstanding
Common Stock, $0.00001 par value, 50,000,000 shares authorized at June 30, 2018 and December 31, 2017; 25,561,610 and 22,584,588 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively. 254 225
Additional paid-in capital 234,812,866 185,659,954
Accumulated deficit (199,643,277) (173,901,449)
Total stockholders’ equity 35,169,843 11,758,730
Total liabilities and stockholders’ equity $ 39,389,378 $ 15,405,445