Quarterly report pursuant to Section 13 or 15(d)

Development Awards and Deferred Revenue (Tables)

v3.10.0.1
Development Awards and Deferred Revenue (Tables)
9 Months Ended
Sep. 30, 2018
Development Awards And Deferred Revenue  
Schedule of Roll Forward Deferred Revenue

A roll forward of deferred revenue for the nine months ended September 30, 2018 is presented below:

 

    September 30, 2018  
Beginning balance   $  
Billing to CFF upon achievement of milestones     12,500,000  
Fair value of CFF Warrant     (6,215,225 )
Recognition of revenue     (2,894,966 )
Ending balance   $ 3,389,809