Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 43,032,762 $ 14,992,257
Restricted cash 150,000 150,000
Grants receivable 1,000,000
Stock subscriptions receivable 330,413
Prepaid expenses and other current assets 844,855 930,261
Total current assets 44,027,617 17,402,931
Restricted cash 50,000 50,000
Property and equipment, net 418,508 435,251
Other assets 65,026
Total assets 44,561,151 17,888,182
Current liabilities:    
Notes payable 39,041 271,757
Accounts payable 3,859,863 3,419,921
Accrued expenses 2,705,744 3,256,455
Deferred revenue 296,311 1,940,195
Deferred rent, current 12,866 10,263
Total current liabilities 6,913,825 8,898,591
Deferred rent, noncurrent 58,206 65,724
Other liabilities 2,559 4,632
Total liabilities 6,974,590 8,968,947
Commitments and Contingencies
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2017 and December 31, 2016
Common stock, $0.0001 par value; 150,000,000 shares authorized, 50,220,510 and 44,681,745 shares issued and outstanding at June 30, 2017 and December 31, 2016, respectively 5,022 4,468
Additional paid-in capital 85,620,354 42,191,256
Accumulated deficit (48,038,815) (33,276,489)
Total stockholders’ equity 37,586,561 8,919,235
Total liabilities and stockholders’ equity $ 44,561,151 $ 17,888,182