Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.10.0.1
Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 20,106,485 $ 12,795,254
Accounts receivable 44,550 0
Prepaid expenses and other current assets 581,040 1,026,310
Prepaid rent, current 56,668 80,784
Total current assets 20,788,743 13,902,348
Property and equipment, net 1,219,016 1,413,917
Prepaid rent, non-current   56,668
Other assets 2,410 32,512
Total assets 22,010,169 15,405,445
Current liabilities:    
Accounts payable 1,861,385 2,024,690
Accrued expenses 1,778,349 1,622,025
Total current liabilities 3,639,734 3,646,715
Commitments and contingencies
Stockholders’ equity:    
Preferred Stock, $0.00001 par value, 10,000,000 shares authorized at December 31, 2018 and December 31, 2017; no shares issued or Outstanding
Common Stock, $0.00001 par value, 50,000,000 shares authorized at December 31, 2018 and December 31, 2017; 26,526,303 and 22,584,588 shares issued and outstanding at December 31, 2018 and December 31, 2017, respectively. 265 225
Additional paid-in capital 243,111,741 185,659,954
Accumulated deficit (224,741,571) (173,901,449)
Total stockholders’ equity 18,370,435 11,758,730
Total liabilities and stockholders’ equity $ 22,010,169 $ 15,405,445