Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.5.0.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 10,665,133 $ 9,972,781
Marketable securities 32,548,493 22,948,872
Prepaid expenses and other current assets 1,147,898 1,176,895
Total current assets 44,361,524 34,098,548
Property and equipment, net 1,347,145 1,618,968
Other assets 164,519 143,621
Total assets 45,873,188 35,861,137
Current liabilities:    
Accounts payable 3,875,071 1,517,417
Accrued liabilities 2,547,176 2,251,767
Total current liabilities 6,422,247 3,769,184
Deferred rent 994,439 972,119
Warrant liabilities 19,911,240 444,324
Total liabilities 27,327,926 5,185,627
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.0001 par value, 25,000,000 shares authorized and none outstanding at September 30, 2016 and December 31, 2015
Common stock, $0.0001 par value, 100,000,000 shares authorized; 41,578,804 and 27,482,692 shares issued and outstanding at September 30, 2016 and December 31, 2015, respectively 4,158 2,748
Additional paid-in capital 165,292,323 148,282,546
Accumulated other comprehensive loss (39,040) (30,373)
Accumulated deficit (146,712,179) (117,579,411)
Total stockholders' equity 18,545,262 30,675,510
Total liabilities and stockholders' equity $ 45,873,188 $ 35,861,137