XML 23 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 52,879,907 $ 13,728,972
Prepaid expenses and other current assets 339,203 307,629
Deferred issuance costs 2,378,217 1,405,396
Total current assets 55,597,327 15,441,997
Property and equipment, net 2,781,885 1,443,982
Other assets 104,240 160,682
Total assets 58,483,452 17,046,661
Current liabilities:    
Accounts payable 2,644,987 2,045,782
Accrued expenses 3,590,222 1,582,162
Short term debt 2,214,934 265,265
Total current liabilities 8,450,143 3,893,209
Noncurrent liability:    
Warrant liability 3,726,043 1,671,106
Long term debt 3,686,084 2,527,686
STOCKHOLDERS' (DEFICIT) EQUITY    
Common stock, $0.00033 par value, 38,500,000 shares and 35,000,000 shares authorized at September 30, 2015 and December 31, 2014, respectively, 1,688,475 shares issued and outstanding at September 30, 2015 and December 31, 2014, respectively 770 770
Additional paid-in capital 3,550,961 1,984,399
Accumulated deficit (54,195,499) (29,818,918)
Total stockholders' (deficit) equity (50,643,768) (27,833,749)
Total liabilities and stockholders' (deficit) equity 58,483,452 17,046,661
Convertible Preferred Stock - Series C-2 [Member]    
Convertible preferred stock    
Preferred stock 54,402,094 0
Convertible Preferred Stock - Series C-1 [Member]    
Convertible preferred stock    
Preferred stock 15,653,284 14,660,944
Convertible Preferred Stock - Series C [Member]    
Convertible preferred stock    
Preferred stock 18,943,183 17,861,076
Convertible Preferred Stock - Series B-1 [Member]    
Convertible preferred stock    
Preferred stock 477,191 477,191
Convertible Preferred Stock - Series B [Member]    
Convertible preferred stock    
Preferred stock 2,991,979 2,991,979
Convertible Preferred Stock - Series A [Member]    
Convertible preferred stock    
Preferred stock $ 797,219 $ 797,219