Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2019

Accounting Policies [Abstract]

Summary of Estimated Useful Lives of Assets

Depreciation of property and equipment is provided using the straight-line method over the following estimated useful lives:

Laboratory equipment	5 years
Computer and office equipment	3 years
Furniture and fixtures	3-8 years

Schedule of Consolidated Balance Sheet as Impacted by the Present Value of Future Cash Flows Calculation Against Both Asset and Liability

The following table approximates the impact that the adoption of ASC 842 had to the Company’s March 31, 2019 Consolidated Balance Sheet as impacted by the present value of future cash flows calculation against both the asset and liability

	Balance without adoption of ASC 842	Adjustment as of January 1, 2019	As reported balance as of March 31, 2019
Deferred rent	($381,000)	$381,000	$-
Right of use asset	$-	$9,691,000	$8,691,000
Operating lease liability	$-	($9,346,000)	($8,590,000)

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

At March 31, 2019 and 2018, the Company excluded the outstanding securities summarized below, which entitle the holders thereof to acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.

	March 31,
	2019		2018
Common stock warrants		1,252,441		1,252,441
Common stock options		5,214,753		2,757,221
Total		6,467,194		4,009,662