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Consolidated Balance Sheet - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 3,114,339 $ 598,294
Prepayments and other current assets 115,871 121,587
Total current assets 3,230,210 719,881
Fixed assets, net 1,191,498 547,804
Intangible assets 20,000 20,000
Total Assets 4,441,708 1,287,685
Current liabilities:    
Accounts payable 228,879 154,361
Accrued expenses 527,283 54,789
Conversion feature liability 130,067 137,177
Total current liabilities 886,229 346,327
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; 22,056,461 and 22,047,531 shares issued and outstanding at March 31, 2017 and December 31, 2016 220,564 220,475
Common stock to be issued 3,120,644 9,375
Additional paid-in capital 3,238,361 2,730,770
Accumulated deficit (3,192,586) (2,187,758)
Total stockholders’ equity 3,386,983 772,862
Total liabilities and stockholders’ equity $ 4,441,708 $ 1,287,685