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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 1,699,061 $ 598,294
Accounts receivable 3,482 0
Deferred contract costs 15,986 0
Prepayments and other current assets 102,265 121,587
Total current assets 1,820,794 719,881
Fixed assets, net 2,515,930 547,804
Intangible assets 20,000 20,000
Total assets 4,356,724 1,287,685
Current liabilities:    
Accounts payable 51,568 154,361
Accrued expenses 442,061 54,789
Deferred revenue 31,634 0
Conversion feature liability 130,238 137,177
Total current liabilities 655,501 346,327
Commitments and contingencies
Redeemable convertible preferred stock, $0.01 par value, 1,000,000 shares authorized; 168 shares issued and outstanding ($168,496 aggregate liquidation value) 168,496 168,496
Stockholders’ equity:    
Common stock, $0.01 par value, 100,000,000 shares authorized; 26,005,140 and 22,047,531 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 260,051 220,475
Common stock to be issued in private placement 1,566,000 9,375
Additional paid-in capital 8,265,925 2,730,770
Accumulated deficit (6,559,249) (2,187,758)
Total stockholders’ equity 3,532,727 772,862
Total liabilities and stockholders’ equity $ 4,356,724 $ 1,287,685