XML 72 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 10,195,292 $ 11,453,133
Accounts receivable and unbilled receivable 203,480 167,755
Prepaid expenses 954,957 1,144,377
Total current assets 11,353,729 12,765,265
Property and equipment, net 877,823 1,304,433
Operating lease right-of-use assets 697,418 0
Other assets 157,576 102,798
Total Assets 13,086,546 14,172,496
Current liabilities:    
Accounts payable 656,304 664,840
Accrued liabilities 3,260,061 1,771,842
Deferred rent 0 486,636
Operating lease liabilities 865,379 0
Total current liabilities 4,781,744 2,923,318
Derivative financial instruments—warrants 4,127 32,315
Operating lease liabilities, net of current portion 860,963 0
Deferred rent, net of current portion 0 1,090,671
Other liabilities 128,368 42,000
Total liabilities 5,775,202 4,088,304
Commitments and contingencies
Stockholders’ equity    
Preferred stock, $0.001 par value, 20,000,000 shares authorized; 277,100 designated as Series A Convertible Preferred Stock; 60,600 shares outstanding at December 31, 2019 and December 31, 2018 with liquidation preference of $606,000 at December 31, 2019 and December 31, 2018; 8,860 designated as Series B Convertible Preferred Stock; 0 shares outstanding at December 31, 2019 and 2018, respectively; 200,000 designated as Series C Convertible Preferred Stock; 0 shares outstanding at December 31, 2019 and De 60 60
Common stock, $0.0001 par value, 150,000,000 shares authorized; 8,593,633 and 3,831,879 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 8,312 7,742
Additional paid-in capital 217,172,528 202,267,605
Service receivables (971,673) 0
Accumulated deficit (208,897,883) (192,191,215)
Total stockholders’ equity 7,311,344 10,084,192
Total Liabilities and Stockholders’ Equity $ 13,086,546 $ 14,172,496