Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 22,025,007 $ 12,338,275
Prepaid expenses 274,919 376,515
Total current assets 22,299,926 12,714,790
Restricted cash 36,375 36,375
Property and equipment, net 291,174 124,138
Total assets 22,627,475 12,875,303
Current liabilities:    
Notes payable 23,334 162,019
Accounts payable 1,962,010 1,314,377
Accrued expenses 1,915,051 562,279
Deferred revenue, current 1,058,422 1,591,358
Total current liabilities 4,958,817 3,630,033
Deferred revenue, noncurrent 260,260
Other long-term liabilities 15,190
Total liabilities 4,974,007 3,890,293
Stockholders' equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2016 and December 31, 2015
Common stock, $0.0001 par value; 150,000,000 shares authorized, 43,748,233 and 37,605,134 shares issued and outstanding at June 30, 2016 and December 31, 2015 4,375 3,761
Additional paid-in capital 38,008,539 22,259,063
Accumulated deficit (20,359,446) (13,277,814)
Total stockholders' equity 17,653,468 8,985,010
Total liabilities and stockholders' equity $ 22,627,475 $ 12,875,303