|
Consolidated Balance Sheets (USD $)
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Assets |
|
|
| Cash and cash equivalents |
$ 45,263,698 |
$ 5,377,114 |
| Prepaid and other current assets |
770,030 |
90,934 |
| Related-party receivable |
0 |
3,815 |
| Total current assets |
46,033,728 |
5,471,863 |
| Property and equipment, net |
28,794 |
49,355 |
| Other assets |
45,000 |
45,000 |
| Total assets |
46,107,522 |
5,566,218 |
| Liabilities and Stockholders’ Equity |
|
|
| Accounts payable |
1,027,021 |
87,027 |
| Accrued expenses |
256,754 |
107,950 |
| Income taxes payable |
0 |
17,836 |
| Total current liabilities |
1,283,775 |
212,813 |
| Income taxes payable, noncurrent |
0 |
37,212 |
| Total liabilities |
1,283,775 |
250,025 |
| Commitments and contingencies (notes 7 and 10) |
|
|
| Stockholders’equity: |
|
|
| Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized; zero issued and outstanding |
0 |
0 |
| Common stock, par value $0.0001 per share, 100,000,000 shares authorized; 12,668,393 and 4,455,790 issued and outstanding |
1,267 |
446 |
| Additional paid-in capital |
92,686,881 |
42,590,042 |
| Accumulated deficit |
(47,864,401) |
(37,274,295) |
| Total stockholders’ equity |
44,823,747 |
5,316,193 |
| Total liabilities and stockholders’ equity |
$ 46,107,522 |
$ 5,566,218 |