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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 229,660,148 $ 83,948,770
Prepayments and other current assets 954,506 143,527
Total current assets 230,614,654 84,092,297
Investments in equity investees 1,650,348 500,000
Prepayments for equipment 126,411 1,417,029
Property and equipment 11,853,764 1,246,058
Intangible assets 20,089 7,000
Long term deposits 306,825 267,980
Value added tax recoverable 5,062,137 1,376,921
Total assets 249,634,228 88,907,285
Current liabilities:    
Accounts payable 8,967,685 523,338
Warrant liabilities   3,900,000
Other payables 3,101,459 750,118
Total current liabilities 12,069,144 5,173,456
Deferred income 2,394,124 778,434
Total liabilities 14,463,268 5,951,890
Commitments and contingencies (Note 16)
Mezzanine equity    
Total mezzanine equity   134,507,144
Shareholders' (deficit) equity    
Ordinary shares (par value of US$0.00006 per share; 83,333,333 shares authorized, 9,657,175 and 49,912,570 shares issued and outstanding as of December 31,2016 and 2017, respectively) 2,995 579
Subscription receivable (18) (5)
Additional paid-in capital 345,269,688 9,313,646
Accumulated deficit (110,551,613) (60,167,437)
Accumulated other comprehensive (loss) income 449,908 (698,532)
Total shareholders' (deficit) equity 235,170,960 (51,551,749)
Total liabilities, mezzanine equity and shareholders' (deficit) equity $ 249,634,228 88,907,285
Series A1 Convertible Preferred Shares    
Mezzanine equity    
Total mezzanine equity   10,028,572
Series A2 Convertible Preferred Shares    
Mezzanine equity    
Total mezzanine equity   18,278,572
Series B1 Convertible Preferred Shares    
Mezzanine equity    
Total mezzanine equity   53,100,000
Series B2 Convertible Preferred Shares    
Mezzanine equity    
Total mezzanine equity   $ 53,100,000