Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 4,362,758 $ 2,590,713
Restricted cash - current 100,000 100,000
Grant receivables 79,810 0
Prepaid expenses 342,195 114,425
Total current assets 4,884,763 2,805,138
Equipment - net 365,542 339,995
In-process research and development 3,017,377 0
Goodwill 1,384,674 0
Other assets including long term security deposit 216,555 216,317
TOTAL ASSETS 9,868,911 3,361,450
CURRENT LIABILITIES    
Accounts payable 282,097 271,155
Accrued expenses 549,985 802,746
Deferred rent obligation - current 8,232 0
Note payable - current 10,000 0
Lease liability - current 22,455 44,362
Total Current Liabilities 872,769 1,118,263
LONG TERM LIABILITIES    
Deferred tax liability 1,253,327 0
Contingent consideration 781,729 0
Lease liability - long term 0 15,291
TOTAL LIABILITIES 2,907,825 1,133,554
STOCKHOLDERS' EQUITY    
Common stock par value $ 0.0001, 150,000,000 authorized, 57,207,335 issued and outstanding as of September 30, 2015; 32,292,650 issued and outstanding as of December 31, 2014 5,722 3,230
Additional Paid in Capital 28,136,395 16,276,430
Accumulated Deficit (21,181,031) (14,051,764)
Total Stockholders' Equity 6,961,086 2,227,896
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 9,868,911 $ 3,361,450