Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheet

v2.4.1.9
Condensed Consolidated Balance Sheet (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 4,971,466us-gaap_CashAndCashEquivalentsAtCarryingValue $ 6,262,445us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses 210,751us-gaap_PrepaidExpenseCurrent 270,556us-gaap_PrepaidExpenseCurrent
Total current assets 5,182,217us-gaap_AssetsCurrent 6,533,001us-gaap_AssetsCurrent
Restricted cash 13,730us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 13,728us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Property and equipment, net 50,400us-gaap_PropertyPlantAndEquipmentNet 54,044us-gaap_PropertyPlantAndEquipmentNet
Total assets 5,246,347us-gaap_Assets 6,600,773us-gaap_Assets
Current liabilities:    
Accounts payable 188,298us-gaap_AccountsPayableCurrent 344,160us-gaap_AccountsPayableCurrent
Accrued expenses 293,989us-gaap_AccruedLiabilitiesCurrent 249,491us-gaap_AccruedLiabilitiesCurrent
Notes payable-current 72,487us-gaap_NotesPayableCurrent 144,389us-gaap_NotesPayableCurrent
Total current liabilities 554,774us-gaap_LiabilitiesCurrent 738,040us-gaap_LiabilitiesCurrent
Total liabilities 554,774us-gaap_Liabilities 738,040us-gaap_Liabilities
Commitments and Contingencies      
Stockholders' equity    
Preferred Stock $0.0001 par value: 10,000,000 shares authorized, no shares issued and outstanding at March 31, 2015 and December 31, 2014      
Common stock, $0.0001 par value; 150,000,000 shares authorized, 26,003,304 and 25,938,332 shares issued and outstanding at March 31, 2015 and December 31, 2014 2,600us-gaap_CommonStockValue 2,594us-gaap_CommonStockValue
Additional paid-in capital 10,651,766us-gaap_AdditionalPaidInCapital 10,287,214us-gaap_AdditionalPaidInCapital
Accumulated deficit (5,962,793)us-gaap_RetainedEarningsAccumulatedDeficit (4,427,075)us-gaap_RetainedEarningsAccumulatedDeficit
Total stockholders' equity 4,691,573us-gaap_StockholdersEquity 5,862,733us-gaap_StockholdersEquity
Total liabilities, preferred stock and stockholders equity $ 5,246,347us-gaap_LiabilitiesAndStockholdersEquity $ 6,600,773us-gaap_LiabilitiesAndStockholdersEquity