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BALANCE SHEETS - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 37,643,404 $ 56,959,485
Receivables 7,529,032 183,703
Prepaid expenses and other current assets 1,914,077 3,434,238
Total current assets 47,086,513 60,577,426
Equipment and furnishings, net 1,042,892 1,959,667
Goodwill 183,780 183,780
Other assets 34,334 48,911
Total assets 48,347,519 62,769,784
Current liabilities:    
Accounts payable 4,122,017 6,406,445
Accrued expenses and other current liabilities 8,029,274 3,830,498
Deferred revenue 6,924,353 0
Term loan, net - current 10,599,795 5,481,656
Warrant liabilities 527,025 3,789,391
Total current liabilities 30,202,464 19,507,990
Long term loan, net 0 18,484,510
Total liabilities 30,202,464 37,992,500
Commitment and contingencies
Stockholders' equity (2016 restated to reflect a 1-6 reverse stock split, see Note 1):    
Common stock, $0.001 par value, 41,666,667 shares authorized; 28,037,501 and 18,553,817 shares issued and outstanding at December 31, 2017 and 2016, respectively 28,037 18,553
Additional paid-in capital 468,969,445 440,106,726
Accumulated deficit (450,852,427) (415,865,995)
Total stockholders' equity 18,145,055 24,777,284
Total liabilities and stockholders' equity 48,347,519 62,769,784
Series A Junior Participating Preferred Stock [Member]    
Stockholders' equity (2016 restated to reflect a 1-6 reverse stock split, see Note 1):    
Preferred Stock 0 0
Series B Convertible Preferred Shares [Member]    
Stockholders' equity (2016 restated to reflect a 1-6 reverse stock split, see Note 1):    
Preferred Stock $ 0 $ 518,000