Annual report pursuant to Section 13 and 15(d)

Development Awards and Deferred Revenue (Tables)

Development Awards and Deferred Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of Roll Forward of Deferred Revenue

A roll forward of deferred revenue related to the Investment Agreement for the year ended December 31, 2019 is presented below.


    December 31, 2019  
Beginning balance, December 31, 2018   $ 1,462,503  
Billing to CFF upon achievement of milestones     5,000,000  
Recognition of revenue     (9,143,568 )
Reclassification to contract asset     2,681,065  
Ending balance, December 31, 2019   $