Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 18,909,348 $ 12,338,275
Prepaid expenses 315,798 376,515
Total current assets 19,225,146 12,714,790
Restricted cash 186,375 36,375
Property and equipment, net 345,428 124,138
Total assets 19,756,949 12,875,303
Current liabilities:    
Notes payable 162,019
Accounts payable 2,768,490 1,314,377
Accrued expenses 2,342,852 562,279
Deferred revenue, current 1,315,865 1,591,358
Total current liabilities 6,427,207 3,630,033
Deferred revenue, noncurrent 260,260
Other long-term liabilities 15,503
Total liabilities 6,442,710 3,890,293
Commitments and Contingencies  
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at September 30, 2016 and December 31, 2015
Common stock, $0.0001 par value; 150,000,000 shares authorized, 43,987,361 and 37,605,134 shares issued and outstanding at September 30, 2016 and December 31, 2015 4,399 3,761
Additional paid-in capital 39,016,054 22,259,063
Accumulated deficit (25,706,214) (13,277,814)
Total stockholders’ equity 13,314,239 8,985,010
Total liabilities and stockholders’ equity $ 19,756,949 $ 12,875,303