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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,814,005 $ 11,437,118
Supplies for clinical trials 0 1,186,186
Other assets 2,589,032 791,485
Total current assets 4,403,037 13,414,789
Property and equipment, net 76,633 109,823
Supplies for clinical trials 0 1,309,648
Deposits 0 1,955,514
Deferred offering costs 330,871 100,216
Total assets 4,810,541 16,889,990
Current liabilities:    
Accounts payable 4,250,826 1,342,126
Accrued compensation and benefits 201,643 1,109,864
Accrued liabilities 3,267,704 786,953
Total current liabilities 7,720,173 3,238,943
CIRM liability 0 6,945,741
Warrant liability 27,862 573,560
Total liabilities 7,748,035 10,758,244
Commitments and contingencies (Note 5)
Shareholders’ equity (deficit):    
Preferred stock $0.0001 par value, 1,000,000 shares authorized; 0 shares outstanding as of June 30, 2017 and December 31, 2016 0 0
Common stock, $0.0001 par value; 25,000,000 shares authorized; 3,551,575 and 3,444,859 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 355 344
Additional paid-in capital 102,719,728 102,354,844
Accumulated deficit (105,657,577) (96,223,442)
Total shareholders’ equity (deficit) (2,937,494) 6,131,746
Total liabilities and shareholders’ equity (deficit) $ 4,810,541 $ 16,889,990