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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 88,988,921 $ 9,211,057
Marketable securities 159,574,963 271,661,456
Account receivable 2,444,450  
Other receivables 3,511,633 6,280,828
Prepaid expenses and other current assets 3,459,862 3,727,294
Total current assets 257,979,829 290,880,635
Property, equipment and leasehold improvements, net 11,712,403 8,455,411
Operating lease right of use assets 2,226,422 2,278,623
Other assets 28,777 26,757
Total assets 271,947,431 301,641,426
Current liabilities:    
Accounts payable 5,088,034 4,556,827
Accrued expenses 12,143,734 7,602,904
Deferred revenue 21,358,989 19,979,525
Current portion of operating lease liability 939,761 673,896
Total current liabilities 39,530,518 32,813,152
Deferred revenue 23,945,470 38,427,882
Long term debt 2,000,000 2,000,000
Operating lease liability 1,351,476 1,714,111
Total liabilities 66,827,464 74,955,145
Commitments and Contingencies
Stockholders’ equity:    
Common stock, $0.001 par value; 40,096,001 and 38,461,353 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 40,096 38,461
Accumulated deficit (450,342,422) (372,556,846)
Additional paid-in capital 654,342,486 599,097,090
Accumulated other comprehensive income 1,079,807 107,576
Total stockholders’ equity 205,119,967 226,686,281
Total liabilities and stockholders’ equity $ 271,947,431 $ 301,641,426