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Balance Sheets - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 950,979 $ 7,697,531
Restricted cash 511,293  
Accounts receivable 4,963 55,867
Due from former parent 299,648 3,199
Inventory 412,754 229,871
Deferred offering costs 72,710 143,231
Prepaid expenses 302,694 324,083
Total current assets 2,555,041 8,453,782
Property and equipment, net 885,945 829,232
Restricted cash   3,000,000
Other assets 122,163 122,163
Total assets 3,563,149 12,405,177
Current liabilities:    
Accounts payable 517,000 574,462
License fee payable to former parent   425,000
Deferred revenue 224,454 251,936
Convertible notes payable 150,000 150,000
Accrued expenses 582,522 798,434
Warrant liability 799,201 0
Current portion of long-term debt 1,919,675 1,707,899
Total current liabilities 4,192,852 3,907,731
Long-term debt, net of discount 1,817,526 4,095,028
Deferred rent 6,956 3,321
Total liabilities 6,017,334 8,006,080
Commitments and Contingencies (See note 6)
Stockholders' Equity (Deficit):    
Preferred stock: $0.0001 par value, 10,000,000 shares authorized at December 31, 2016 and December 31, 2015; no shares issued and outstanding at December 31, 2016 and December 31, 2015.
Common stock: $0.0001 par value, 50,000,000 shares authorized at December 31, 2016 and December 31, 2015; 14,007,132 and 8,124,923 shares issued and outstanding at December 31, 2016 and December 31, 2015, respectively. 1,401 812
Additional paid-in capital 37,980,522 30,100,613
Accumulated deficit (40,436,108) (25,702,328)
Total stockholders' equity (2,454,185) 4,399,097
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 3,563,149 $ 12,405,177