XML 20 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 15,644,355 $ 1,834,018
Prepaid expenses 881,887 540,053
Total current assets 16,526,242 2,374,071
Property and equipment, net 62,984 6,217
Other assets:    
Goodwill 7,647,267 272,315
In-process research and development 118,600 118,600
Other assets 13,648 1,901
Total assets 24,368,741 2,773,104
Current liabilities:    
Accounts payable 95,873 383,411
Accrued expenses 1,937,331 438,028
Total liabilities 2,033,204 821,439
Commitments
Series B Convertible Redeemable Preferred stock, $0.0001 par value; none and 970,238 shares authorized, issued and outstanding at December 31, 2017 and 2016, respectively 0 12,136,440
Stockholders’ equity (deficit):    
Preferred stock, no par value; authorized 10,000,000 shares; none issued and outstanding 0 0
Common stock, $0.01 par value; authorized 150,000,000 shares; 7,497,433 and 2,450,000 shares issued and outstanding at December 31, 2017 and 2016, respectively 74,974 24,500
Additional paid-in capital 47,812,215 1,147,946
Accumulated deficit (25,551,652) (11,357,221)
Total stockholders’ equity (deficit) 22,335,537 (10,184,775)
Total liabilities, redeemable preferred stock and stockholders’ equity (deficit) 24,368,741 2,773,104
Series B Convertible Redeemable Preferred Stock    
Current liabilities:    
Series B Convertible Redeemable Preferred stock, $0.0001 par value; none and 970,238 shares authorized, issued and outstanding at December 31, 2017 and 2016, respectively 0 8,022,219
Series A Convertible Redeemable Preferred Stock    
Current liabilities:    
Series B Convertible Redeemable Preferred stock, $0.0001 par value; none and 970,238 shares authorized, issued and outstanding at December 31, 2017 and 2016, respectively $ 0 $ 4,114,221