Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 89,921,213 $ 29,355,528
Accounts receivable 2,537,265 57,582
Prepaid expenses and other current assets 2,817,853 3,259,503
Total current assets 95,276,331 32,672,613
Property and equipment, net 3,455,541 2,264,477
Other non-current assets 129,271 125,741
Total assets 98,861,143 35,062,831
Current liabilities:    
Accounts payable 2,601,736 2,386,183
Accrued expenses and other current liabilities 5,099,918 3,719,457
Deferred revenues, current portion 31,336,228 2,274,514
Total current liabilities 39,037,882 8,380,154
Deferred revenue, net of current portion 55,221,586 1,409,483
Other long-term liabilities 43,462 46,667
Total liabilities 94,302,930 9,836,304
Stockholders' equity:    
Preferred stock, $0.001 par value per share, 4,963 shares authorized and 4,963 and 4,963 issued and outstanding at September 30, 2017 and December 31, 2016 5 5
Common stock, $0.001 par value per share, 300,000,000 shares authorized and 44,704,849 and 43,058,827 issued and outstanding at September 30, 2017 and December 31, 2016 44,705 43,059
Additional paid-in capital 134,803,118 129,349,768
Accumulated other comprehensive loss (2,487,336) (1,501,452)
Accumulated deficit (127,802,279) (102,664,853)
Total stockholders' equity 4,558,213 25,226,527
Total liabilities and stockholders' equity $ 98,861,143 $ 35,062,831