Accrued Expenses

6 Months Ended

Jun. 30, 2018

Accrued Expenses [Abstract]

Accrued Expenses

Note 5 – Accrued Expenses

Accrued expenses and other liabilities consist of the following:

	As of June 30, 2018		As of December 31, 2017
Accrued research and development costs (1)	$	5,515,479	$	2,857,025
Accrued professional fees		201,675		267,646
Accrued compensation		67,834		1,886,638
Accrued other		209,923		385,896
Deferred rent		29,616		25,000
Total	$	6,024,527	$	5,422,205

(1) Balance as of June 30, 2018 includes estimated close down NEWTON 2 trial costs of $3.0 million and CMO milestone payments of $2.5 million.