Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.8.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 26,763,526 $ 17,399,636
Restricted cash - current 40,014
Prepaid expenses and other current assets 843,936 439,322
Total Current Assets 27,647,476 17,838,958
Property and equipment, net of accumulated depreciation of $227,624 at March 31, 2018 and $215,660 at December 31, 2017 52,377 57,350
Security deposit 49,859 49,859
Restricted cash 390,940 390,940
Total Assets 28,140,652 18,337,107
Current Liabilities:    
Accounts payable and accrued expenses 6,386,294 4,650,088
Derivative liabilities 6,840 15,916
Total Current Liabilities 6,393,134 4,666,004
Total Liabilities 6,393,134 4,666,004
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; 400,000,000 shares authorized; 110,316,728 and 80,072,334 shares issued and outstanding, respectively 110,317 80,072
Additional paid-in capital 191,104,499 176,744,068
Accumulated deficit (169,467,298) (163,153,037)
Total Stockholders' Equity 21,747,518 13,671,103
Total Liabilities and Stockholders' Equity $ 28,140,652 $ 18,337,107