Quarterly report pursuant to Section 13 or 15(d)

Development Awards and Deferred Revenue (Tables)

v3.20.1
Development Awards and Deferred Revenue (Tables)
3 Months Ended
Mar. 31, 2020
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 three months ended March 31, 2020 is presented below.

 

    March 31, 2020  
Beginning balance, December 31, 2019   $  
Billing to CFF upon achievement of milestones      
Recognition of revenue     (1,762,059 )
Reclass to contract asset     1,762,059  
Ending balance   $