Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash $ 36,557,701 $ 29,349,124
Prepaid expenses and other current assets 4,579,659 2,311,385
Total current assets 41,137,360 31,660,509
Property and equipment, net 2,447,733 2,162,771
Other non-current assets 127,626 126,781
Total assets 43,712,719 33,950,061
Current liabilities:    
Trade accounts payable 4,523,798 1,058,536
Accrued expenses and other current liabilities 2,898,388 1,739,380
Deferred revenues, current portion 2,529,661  
Total current liabilities 9,951,847 2,797,916
Deferred revenue, net of current portion 2,233,834  
Other long-term liabilities 44,565 23,852
Total liabilities 12,230,246 2,821,768
Stockholders' equity:    
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 43,058,827 and 39,833,023 issued and outstanding at September 30, 2016 and December 31, 2015 43,059 39,833
Preferred stock, $0.001 par value per share, 4,963 shares authorized and 4,963 and zero issued and outstanding at September 30, 2016 and December 31, 2015 5  
Additional paid-in capital 128,870,853 112,226,723
Accumulated other comprehensive loss (1,325,104) (1,272,574)
Accumulated deficit (96,106,340) (79,865,689)
Total stockholders' equity 31,482,473 31,128,293
Total liabilities and stockholders' equity $ 43,712,719 $ 33,950,061