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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 12,212,025 $ 1,552,852
Subscription receivable 8,280,935 0
Prepaid expenses, deposits and other current assets 138,986 50,844
Total current assets 20,631,946 1,603,696
Property and equipment, net 79,524 79,755
Intangible asset 8,639,000 8,639,000
Goodwill 6,929,258 6,929,258
Other assets 63,815 232,675
Total assets 36,343,543 17,484,384
Current liabilities:    
Current portion of convertible debt 1,880,000 1,880,000
Accounts payable 557,629 1,684,158
Accrued expenses and other current liabilities 1,016,263 874,264
Common stock warrant liability 48,145,520 0
Total current liabilities 51,599,412 4,438,422
Convertible debt, net of current portion 550,000 550,000
Deferred income taxes 3,279,363 3,279,363
Other liabilities 33,307 31,915
Total liabilities 55,462,082 8,299,700
Commitments and Contingencies
Convertible preferred stock, $0.001 par value: Series A - 13,750,000 shares authorized, 12,376,329 issued and outstanding at March 31, 2017; No shares authorized, issued or outstanding at December 31, 2016 (liquidation value of $25,000,000 at March 31, 2017) 0 0
Stockholders’ Equity (Deficit):    
Common stock, $0.001 par value: 1,000,000,000 shares authorized; 10,345,637 shares issued and outstanding 10,346 10,346
Additional paid-in capital 69,700,264 69,363,575
Accumulated deficit (88,829,149) (60,189,237)
Total stockholders' equity (deficit) (19,118,539) 9,184,684
Total liabilities, convertible preferred stock and stockholders' equity (deficit) $ 36,343,543 $ 17,484,384