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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities    
Net loss $ (9,641,741) $ (11,696,886)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Restricted stock expense 66,963 201,998
Depreciation 280,003 291,608
Loss on disposition of equipment 1,167 0
Option expense 661,369 840,303
Changes in:    
Other current assets 429,620 394,746
Accounts payable 315,685 (324,156)
Accrued expenses (157,964) 621,493
Deferred revenue 1,169,964 (964,209)
Other assets 29,205 128,992
Net cash used in operating activities (6,845,729) (10,506,111)
Cash flows from investing activities    
Purchase of property & equipment (69,944) (149,187)
Net cash used in investing activities (69,944) (149,187)
Cash flows from financing activities    
Common stock and warrants sold for cash, net of offering costs 12,602,418 648,175
Cash generated from exercise of warrants 4,410 0
Cash paid for fractional shares (5,028) 0
Net cash provided by financing activities 12,601,800 648,175
Net change in cash and cash equivalents 5,686,127 (10,007,123)
Cash and cash equivalents at beginning of period 9,906,373 23,644,542
Cash and cash equivalents at end of period 15,592,500 13,637,419
Cash paid for:    
Interest 50 958
Income taxes $ 0 $ 0