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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 31,673,383 $ 36,618,497
Prepaid and other current assets 746,094 1,380,560
Total current assets 32,419,477 37,999,057
Equipment, net 79,344 100,730
Other assets 119,291 112,821
Total assets 32,618,112 38,212,608
Current liabilities:    
Accounts payable 2,942,999 4,081,173
Accrued Liabilities, Current 2,743,575 2,820,377
Loan payable, current portion 2,717,042 269,162
Total current liabilities 8,403,616 7,170,712
Loan payable, long-term 7,375,439 9,470,445
Total liabilities 15,779,055 16,641,157
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding at September 30, 2017 and December 31, 2016, respectively)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 23,665,532 and 19,158,417 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively) 2,367 1,916
Additional paid-in capital 85,991,032 69,210,986
Accumulated deficit (69,154,342) (47,641,451)
Total stockholders’ equity 16,839,057 21,571,451
Total liabilities and stockholders’ equity $ 32,618,112 $ 38,212,608