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Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 15,592,500 $ 9,906,373
Subscription receivable 232,934 0
Other current assets 329,323 758,943
Total current assets 16,154,757 10,665,316
Property & equipment, net of accumulated depreciation of $2,372,198 and $2,099,389, respectively 886,878 1,098,104
Other long-term assets 9,734 38,939
Total assets 17,051,369 11,802,359
Current liabilities:    
Accounts payable 1,018,179 702,494
Accrued expenses 1,041,220 1,199,184
Deferred revenue 2,905,165 1,230,746
Total current liabilities 4,964,564 3,132,424
Long term liabilities:    
Deferred revenue, net of current portion 726,293 1,230,748
Total liabilities 5,690,857 $ 4,363,172
Commitments and contingencies  
Stockholders' equity:    
Preferred stock, no par value, 10,000,000 shares authorized, none issued and outstanding 0 $ 0
Common stock, $0.01 par value, 150,000,000 shares authorized, 6,864,340 and 3,529,344 shares issued and outstanding 68,643 35,293
Additional paid in capital 162,253,818 148,724,102
Accumulated deficit (150,961,949) (141,320,208)
Total stockholders' equity 11,360,512 7,439,187
Total liabilities and stockholders' equity $ 17,051,369 $ 11,802,359