XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 3,715,895 $ 8,500,718
Restricted cash 275,000 0
Prepaid expenses 193,293 193,964
Inventory, net 0 9,276
Other current assets 110,663 0
Assets of discontinued operations 0 636,239
Total current assets 4,294,851 9,340,197
Furniture and equipment, net 171,568 136,693
Intangible assets, net 1,700,565 1,886,958
Deferred financing costs 0 351,961
Other assets 76,337 48,193
Total assets 6,243,321 11,764,002
Current liabilities:    
Accounts payable 814,448 513,045
Accrued expenses 463,676 254,126
Payroll liabilities 1,159,335 959,741
Other current liabilities 64,128 42,228
Liabilities of discontinued operations 0 494,252
Total current liabilities 2,501,587 2,263,392
Deferred rent, net of current portion 0 2,483
Total liabilities $ 2,501,587 $ 2,265,875
Commitments and contingencies (note 14)
Stockholders' equity    
Preferred stock - $.001 par value; 10,000,000 shares authorized, 0 shares issued and outstanding $ 0 $ 0
Common stock - $.001 par value; 75,000,000 shares authorized, 32,657,257 and 24,564,058 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively 32,657 24,564
Additional paid-in capital 54,643,940 44,648,103
Accumulated deficit (50,934,863) (35,174,540)
Total stockholders' equity 3,741,734 9,498,127
Total liabilities and stockholders' equity $ 6,243,321 $ 11,764,002