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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 64,741,921 $ 8,962,686
Restricted cash 34,174 34,174
Total cash, cash equivalents and restricted cash 64,776,095 8,996,860
Short-term investments 15,484,402 28,277,386
Accounts receivable 1,182,099 1,021,179
Tax refund receivable 5,506,946 629,096
Prepaid expenses and other current assets 1,020,876 470,228
Total current assets 87,970,418 39,394,749
Property and equipment, net 1,024,640 1,104,208
Right of use asset 662,074 698,321
Intangible assets, net 12,785,655 12,732,195
Other assets 100,980 128,547
Total assets 102,543,767 54,058,020
Current liabilities:    
Accounts payable 195,217 18,232
Accrued expenses and other current liabilities 4,089,749 3,904,767
Notes payable 632,000  
Total current liabilities 4,916,966 3,922,999
Contingent consideration 16,390,000 2,750,000
Other long-term liabilities 1,715,024 1,864,875
Total liabilities 23,021,990 8,537,874
Commitments and contingencies (Note 14)
Stockholders’ equity:    
Common stock, $0.0001 par value; 200,000,000 shares authorized; 26,553,957 and 15,312,381 shares issued; 26,553,886 and 15,312,167 shares outstanding at June 30, 2020 and December 31, 2019, respectively 2,635 1,508
Additional paid-in capital 242,579,532 187,914,916
Accumulated deficit (158,028,687) (137,376,122)
Accumulated other comprehensive loss, net (5,031,703) (5,020,156)
Total stockholders’ equity 79,521,777 45,520,146
Total liabilities and stockholders’ equity $ 102,543,767 $ 54,058,020