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STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net loss $ (3,118,345) $ (1,750,014)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 4,542 18,762
Forgiveness of accounts payable   (180,782)
Common stock issued for services   915,958
Changes in operating assets and liabilities:    
Grant receivables   34,514
Prepaid expenses and other assets (497,148) 51,956
Deferred grant revenue (30,218) (41,694)
Accounts payable 761,930 339,276
Accrued expenses (608,747) (38,211)
Net cash used in operating activities (3,487,986) (650,235)
Cash flows from investing activities:    
Purchases of property and equipment (46,300) (5,108)
Net cash used in investing activities (46,300) (5,108)
Cash flows from financing activities:    
Proceeds from issuance of Series B redeemable convertible preferred stock, net   309,411
Proceeds from issuance of common stock   1,909
Proceeds from issuance of Series 1 convertible preferred stock, net   400,001
Offering costs (53,631)  
Net cash (used in) provided by financing activities (53,631) 711,321
Net (decrease) increase in cash and cash equivalents (3,587,917) 55,978
Cash and cash equivalents at beginning of period 9,330,681 154,695
Cash and cash equivalents at end of period 5,742,764 210,673
Supplemental disclosures of cash flow information:    
Accrued dividends on redeemable convertible preferred stock   48,078
Accretion of redeemable convertible preferred stock   39,876
Deferred offering costs included in accounts payable and accrued expenses $ 1,897,290  
Cash paid for interest   $ 1,550