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Statements of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net loss $ (9,232,470) $ (11,907,064)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 7,730 9,149
Noncash stock bonus 80,000 79,509
Noncash stock based compensation 973,354 1,095,452
Noncash interest 138,723 69,246
Change in fair value of warrants (278,564) (24,856)
Changes in operating assets and liabilities:    
Prepaid expenses (2,900,224) 41,672
Accounts payable and accrued expenses 2,220,392 (540,063)
Net cash (used in) operating activities (8,991,059) (11,176,955)
Cash flows from investing activities    
Acquisition of property and equipment (42,348) (4,892,281)
Net cash used in investing activities (42,348) (4,892,281)
Cash flows from financing activities    
Proceeds from convertible bridge notes 3,000,000  
Cash paid for financing costs (150,000)  
Proceeds from issuance of common stock in initial public offering, net of offering costs 49,743,641  
Net cash provided by financing activities 52,593,641  
Net increase (decrease) in cash and cash equivalents 43,560,234 (16,069,236)
Cash and cash equivalents, beginning of period 2,119,646 20,013,754
Cash and cash equivalents, end of period 45,679,880 3,944,518
Supplemental cash flow information    
Interest paid 1,035,000 1,035,000
Supplemental disclosure of noncash financing activities    
Conversion of preferred stock into common stock 69,232,677  
Conversion of notes payable and interest into common stock $ 3,020,667