Cash equivalents

6 Months Ended

Jun. 30, 2019

Cash and Cash Equivalents [Abstract]

The Company considers all highly liquid investments with maturities of three months or less when purchased to be cash equivalents. Cash equivalents as of June 30, 2019 and December 31, 2018 consisted of money market funds.

The Company held no marketable securities at June 30, 2019 and December 31, 2018.

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of such amounts in the condensed consolidated statements of cash flows:



	June 30, 2019		December 31, 2018
Cash and cash equivalents	$	6,514,215	$	9,829,624
Restricted cash	—		126,595
Cash, cash equivalents and restricted cash shown on the condensed consolidated statement of cash flows	$	6,514,215	$	9,956,219