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Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net loss $ (20,119,498) $ (9,038,388)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,566,562 1,030,215
Warrant remeasurement 1,879,823 (183,817)
Depreciation expense 38,360 23,474
Amortization of debt discount 79,400 8,822
Non-cash interest expense 28,667 1,596
Changes in assets and liabilities:    
Other receivable 0 459,018
Prepaid expenses and other assets 78,814 170,315
Accounts payable (126,415) 704,471
Accrued expenses 1,604,432 (6,361)
Net cash used in operating activities (14,969,855) (6,830,655)
Cash flows from investing activities:    
Purchases of property and equipment (799,424) (265,150)
Net cash used in investing activities (799,424) (265,150)
Cash flows from financing activities:    
Proceeds from issuance of debt 3,000,000 3,000,000
Payments for deferred issuance costs (474,357) (796,791)
Payments for debt issuance costs 0 (159,136)
Proceeds from issuance of preferred stock, net of issuance costs 52,394,571 0
Net cash provided by financing activities 54,920,214 2,044,073
Net increase (decrease) in cash 39,150,935 (5,051,732)
Cash and cash equivalents at beginning of period 13,728,972 7,858,169
Cash and cash equivalents at end of period 52,879,907 2,806,437
Cash paid for:    
Interest 412,717 0
Supplemental cash flow information:    
Deferred issuance costs included in accrued expenses and accounts payable 552,410 768,300
Non-cash financing costs 175,114 0
Accrued capital expenditures included in accrued expenses $ 576,839 $ 365,981