Quarterly report pursuant to Section 13 or 15(d)

Development Awards and Deferred Revenue (Tables)

v3.10.0.1
Development Awards and Deferred Revenue (Tables)
6 Months Ended
Jun. 30, 2018
Development Awards And Deferred Revenue  
Schedule of Roll Forward Deferred Revenue

A roll forward of deferred revenue for the six months ended June 30, 2018 is presented below:

 

    June 30, 2018        
Beginning balance   $          
Billing to CFF upon achievement of milestones     12,500,000          
Fair value of CFF Warrant     (6,215,225 )        
Recognition of revenue     (1,804,088 )        
Ending balance   $ 4,480,687