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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net loss $ (50,859,803) $ (38,820,998) $ (28,078,646)
Adjustments to reconcile net loss to net cash used in operating activities:      
Stock-based compensation expense 6,182,841 5,305,070 2,899,304
Stock-based 401K company common match 217,536 0 0
Warrant remeasurement 0 0 1,879,823
Depreciation expense 182,918 100,117 53,116
Loss on disposal of fixed assets 0 102,788 0
Amortization of debt discount 32,869 75,214 104,311
Amortization of debt issuance costs 108,407 90,800 94,648
Non-cash interest expense 363,909 175,909 38,521
Changes in assets and liabilities:      
Prepaid expenses and other assets (32,099) 38,794 (814,156)
Accounts payable 898,101 1,420,556 (71,751)
Accrued expenses 2,208,490 (676,918) 2,142,187
Net cash used in operating activities (40,696,831) (32,188,668) (21,752,643)
Cash flows from investing activities:      
Purchases of property and equipment (188,721) (686,705) (1,305,086)
Net cash used in investing activities (188,721) (686,705) (1,305,086)
Cash flows from financing activities:      
Proceeds from issuance of debt 5,000,000 11,022,286 3,000,000
Proceeds from exercise of stock options 118,188 293,988 1,094
Proceeds from exercise of warrants 53,149 20,970 0
Payments for issuance costs 0 (544,773) (1,402,845)
Payments for debt issuance costs 0 (219,042) 0
Repayment of debt 0 (1,488,558) (533,729)
Proceeds from issuance of common stock, net of underwriting costs 17,382,943 0 86,059,087
Proceeds from issuance of preferred stock, net of issuance costs 0 0 52,394,571
Net cash provided by financing activities 22,554,280 9,084,871 139,518,178
Net (decrease) increase in cash (18,331,272) (23,790,502) 116,460,449
Cash and cash equivalents at beginning of period 106,398,919 130,189,421 13,728,972
Cash and cash equivalents at end of period 88,067,647 106,398,919 130,189,421
Cash paid for:      
Interest 1,635,562 790,402 559,175
Supplemental cash flow information:      
Conversion of Preferred Stock to Common Stock 0 0 93,364,275
Conversion of Preferred Stock Warrants to Common Stock Warrants 0 0 3,726,043
Deferred issuance costs included in accrued expenses and accounts payable 0 0 549,178
Non-cash financing costs 0 0 175,114
Accrued capital expenditures included in accrued expenses and accounts payable $ 0 $ 167,285 $ 71,040