Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 62,537,495 $ 14,992,257
Restricted cash 158,991 150,000
Grants receivable 1,000,000
Stock subscriptions receivable 330,413
Prepaid expenses and other current assets 2,808,244 930,261
Total current assets 65,504,730 17,402,931
Restricted cash 50,000
Property and equipment, net 1,432,655 435,251
Other assets 40,776
Total assets 66,978,161 17,888,182
Current liabilities:    
Notes payable 332,861 271,757
Accounts payable 3,130,295 3,419,921
Accrued expenses 4,741,519 3,256,455
Deferred revenue, current 1,940,195
Deferred rent, current 10,263
Total current liabilities 8,204,675 8,898,591
Deferred rent, noncurrent 989,550 65,724
Other liabilities 375 4,632
Total liabilities 9,194,600 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 December 31, 2017 and 2016
Common stock, $0.0001 par value; 150,000,000 shares authorized at December 31, 2017 and 2016, 55,603,427 and 44,681,745 shares issued and outstanding at December 31, 2017 and 2016, respectively 5,560 4,468
Additional paid-in capital 123,476,102 42,191,256
Accumulated deficit (65,698,101) (33,276,489)
Total stockholders' equity 57,783,561 8,919,235
Total liabilities and stockholders' equity $ 66,978,161 $ 17,888,182