Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.3.1.900
Consolidated Balance Sheets - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 12,338,275 $ 6,262,445
Prepaid expenses 376,515 270,556
Total current assets 12,714,790 6,533,001
Restricted cash 36,375 13,728
Property and equipment, net 124,138 54,044
Total assets 12,875,303 6,600,773
Current liabilities:    
Notes payable 162,019 144,389
Accounts payable 1,314,377 344,160
Accrued expenses 562,279 249,491
Deferred revenue, current 1,591,358  
Total current liabilities 3,630,033 738,040
Deferred revenue, noncurrent 260,260  
Total liabilities $ 3,890,293 $ 738,040
Commitments and Contingencies
Stockholders’ equity    
Preferred Stock $0.0001 par value:10,000,000 shares authorized, no shares issued and outstanding at December 31, 2015 and December 31, 2014
Common stock, $0.0001 par value; 150,000,000 shares authorized, 37,605,134 and 25,938,332 shares issued and outstanding at December 31, 2015 and December 31, 2014 $ 3,761 $ 2,594
Additional paid-in capital 22,259,063 10,287,214
Accumulated deficit (13,277,814) (4,427,075)
Total stockholders’ equity 8,985,010 5,862,733
Total liabilities and stockholders’ equity $ 12,875,303 $ 6,600,773