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Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 197,313,408 $ 219,966,167
Prepaid and other current assets 309,370 413,095
Total current assets 197,622,778 220,379,262
Equipment, net 34,518 30,623
Other assets 143,575 139,875
Total assets 197,800,871 220,549,760
Current liabilities:    
Accounts payable 12,191,714 10,943,325
Accrued expenses and other current liabilities 9,339,721 10,949,128
Loan payable, current portion 4,568,432 2,602,292
Total current liabilities 26,099,867 24,494,745
Loan payable, long-term 15,544,138 17,332,626
Total liabilities 41,644,005 41,827,371
Stockholders' equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding at March 31, 2020 and December 31, 2019, respectively)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 37,075,422 and 36,933,217 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) 3,707 3,693
Additional paid-in capital 364,532,798 354,614,189
Accumulated deficit (208,379,639) (175,895,493)
Total stockholders' equity 156,156,866 178,722,389
Total liabilities and stockholders' equity $ 197,800,871 $ 220,549,760