Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 46,617,921 $ 31,748,686
Prepaid expenses and other current assets 3,596,908 3,724,932
Contract asset 4,443,124 2,681,065
Total current assets 54,657,953 38,154,683
Property and equipment, net 4,851,317 5,083,865
Operating lease right of use assets 5,680,467 5,818,983
Other assets 14,085 84,968
Total assets 65,203,822 49,142,499
Current liabilities:    
Notes payable 432,905 752,659
Accounts payable 9,960,544 11,091,363
Accrued expenses 23,516,354 22,447,939
Operating lease liabilities, current 742,893 595,745
Total current liabilities 34,652,696 34,887,706
Operating lease liabilities, noncurrent 7,859,636 8,097,228
Total liabilities 42,512,332 42,984,934
Commitments and Contingencies
Stockholders' equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2020 and December 31, 2019
Common stock, $0.0001 par value; 150,000,000 shares authorized, 72,490,449 and 64,672,893 shares issued and outstanding at March 31, 2020 and December 31, 2019 7,249 6,467
Additional paid-in capital 245,164,999 198,975,056
Accumulated deficit (222,480,758) (192,823,958)
Total stockholders' equity 22,691,490 6,157,565
Total liabilities and stockholders' equity $ 65,203,822 $ 49,142,499