Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 14,992,257 $ 12,338,275
Restricted cash 150,000
Grants receivable 1,000,000
Stock subscriptions receivable 330,413
Prepaid expenses 930,261 376,515
Total current assets 17,402,931 12,714,790
Restricted cash 50,000 36,375
Property and equipment, net 435,251 124,138
Total assets 17,888,182 12,875,303
Current liabilities:    
Notes payable 271,757 162,019
Accounts payable 3,419,921 1,314,377
Accrued expenses 3,256,455 562,279
Deferred revenue, current 1,940,195 1,591,358
Deferred rent, current 10,263
Total current liabilities 8,898,591 3,630,033
Deferred revenue, noncurrent 260,260
Deferred rent, noncurrent 65,724
Other liabilities 4,632
Total liabilities 8,968,947 3,890,293
Stockholders' equity    
Preferred Stock $0.0001 par value:10,000,000 shares authorized, no shares issued and outstanding at December 31, 2016 and 2015
Common stock, $0.0001 par value; 150,000,000 shares authorized, 44,681,745 and 37,605,134 shares issued and outstanding at December 31, 2016 and 2015 4,468 3,761
Additional paid-in capital 42,191,256 22,259,063
Accumulated deficit (33,276,489) (13,277,814)
Total stockholders' equity 8,919,235 8,985,010
Total liabilities and stockholders' equity $ 17,888,182 $ 12,875,303