Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.19.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 9,924,882 $ 13,673,308
Restricted cash - current 40,105 40,075
Prepaid expenses and other current assets 299,575 616,222
Total Current Assets 10,264,562 14,329,605
Property and equipment, net of accumulated depreciation of $197,580 and $266,381, respectively 140,225 118,799
Operating leases right-of-use assets 1,107,139  
Finance leases right-of-use assets 282,045  
Security deposit 49,859 49,859
Restricted cash 391,180 391,131
Total Assets 12,235,010 14,889,394
Current Liabilities:    
Accounts payable and accrued expenses 5,317,871 5,814,004
Note payable 175,410 249,239
Operating leases current liability 287,451
Finance leases current liability 74,161
Total Current Liabilities 5,854,893 6,063,243
Long-term operating lease obligations 826,863
Long-term finance lease obligations 210,572 13,354
Total Liabilities 6,892,328 6,076,597
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $0.001 par value; 50,000,000 shares authorized, 0 shares issued and outstanding
Common stock, $0.001 par value; 600,000,000 shares authorized; 119,136,036 and 115,703,044 shares issued and outstanding, respectively 119,136 115,703
Additional paid-in capital 197,751,159 195,554,332
Accumulated deficit (192,527,613) (186,857,238)
Total Stockholders' Equity 5,342,682 8,812,797
Total Liabilities and Stockholders' Equity $ 12,235,010 $ 14,889,394