Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.19.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 89,919,798 $ 41,748,468
Prepaid expenses and other current assets 2,904,215 2,491,844
Total current assets 92,824,013 44,240,312
Property and equipment, net 2,694,489 2,705,206
Operating lease right of use assets 5,839,435
Other assets 35,589 43,823
Total assets 101,393,526 46,989,341
Current liabilities:    
Notes payable 247,384 394,305
Accounts payable 8,962,750 6,345,335
Accrued expenses 15,563,853 9,851,191
Deferred revenue, current 27,000,000 1,462,503
Operating lease liabilities, current 266,807 35,996
Total current liabilities 52,040,794 18,089,330
Operating lease liabilities, noncurrent 7,051,781 1,375,891
Total liabilities 59,092,575 19,465,221
Commitments and Contingencies
Stockholders' equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2019 and December 31, 2018
Common stock, $0.0001 par value; 150,000,000 shares authorized, 64,455,221 and 57,247,496 shares issued and outstanding at March 31, 2019 and December 31, 2018 6,446 5,725
Additional paid-in capital 189,899,554 148,888,635
Accumulated deficit (147,605,049) (121,370,240)
Total stockholders' equity 42,300,951 27,524,120
Total liabilities and stockholders' equity $ 101,393,526 $ 46,989,341