Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.19.3
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 14,312,909 $ 13,673,308
Restricted cash - current 48,056 40,075
Prepaid expenses and other current assets 189,870 616,222
Total Current Assets 14,550,835 14,329,605
Property and equipment, net of accumulated depreciation of $225,071 and $266,381, respectively 121,076 118,799
Operating leases right-of-use assets 963,434
Finance leases right-of-use assets 241,397
Security deposit 49,859 49,859
Restricted cash 391,180 391,131
Total Assets 16,317,781 14,889,394
Current Liabilities:    
Accounts payable and accrued expenses 5,130,710 5,814,004
Note payable 25,331 249,239
Operating leases current liability 307,684
Finance leases current liability 77,178
Total Current Liabilities 5,540,903 6,063,243
Long-term operating lease obligations 669,860
Long-term finance lease obligations 171,214 13,354
Total Liabilities 6,381,977 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; 164,701,167 and 115,703,044 shares issued and outstanding, respectively 164,701 115,703
Additional paid-in capital 213,926,229 195,554,332
Accumulated deficit (204,155,126) (186,857,238)
Total Stockholders' Equity 9,935,804 8,812,797
Total Liabilities and Stockholders' Equity $ 16,317,781 $ 14,889,394