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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net loss $ (70,292,227) $ (41,480,466)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 15,149 17,963
Change in fair value of preferred unit warrant liability 0 193,779
Depreciation and amortization 1,561,557 706,000
Net accretion of bond discounts/premiums 154,022 248,069
Amortization of right to use assets 691,345 0
Non-cash share/unit-based compensation 20,072,710 11,630,300
Changes in operating assets and liabilities:    
Other receivables (4,024,862) (1,215,514)
Account receivable 2,775,831 22,224,169
Prepaid expenses and other current assets (1,065,005) (2,501,383)
Accounts payable 1,608,735 2,002,163
Accrued expenses 3,601,628 455,340
Deferred liability 0 150,000
Operating lease liabilities (581,961) 0
Deferred revenue 4,856,736 (8,548,090)
Net cash used in operating activities (40,626,342) (16,117,670)
Cash flows from investing activities:    
Purchase of marketable securities (256,548,355) (234,894,225)
Maturities of marketable securities 169,695,816 58,059,526
Purchase of property, equipment and leasehold improvements (6,244,024) (2,830,661)
Net cash used in investing activities (93,096,563) (179,665,360)
Cash flows from financing activities:    
Repayments of long-term debt (169,610) (173,889)
Proceeds from long-term debt 0 2,000,000
Proceeds from issuance of common stock 137,686,006 114,583,172
Payment of common stock offering costs (597,131) (3,423,589)
Proceeds from issuance of Series C redeemable convertible preferred units 0 55,000,001
Proceeds from exercise of warrant 0 75,000
Proceeds from exercise of stock options 2,824,641 0
Net cash provided by financing activities 139,743,906 168,060,695
Net increase (decrease) in cash and cash equivalents 6,021,001 (27,722,335)
Cash and cash equivalents, beginning of the period 3,190,056 30,912,391
Cash and cash equivalents, end of the period 9,211,057 3,190,056
Supplemental disclosure of cash flow information:    
Purchases of property, equipment and leasehold improvements unpaid at period end 189,908 159,494
Cash paid for interest 70,420 39,476
Increase in redemption value of preferred units $ 0 $ 198,366,756