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Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash $ 619,249 $ 598,294
Restricted cash 3,000,000 0
Accounts receivable 53,202 0
Deferred contract costs 14,147 0
Prepayments and other current assets 174,369 121,587
Total current assets 3,860,967 719,881
Fixed assets, net 2,687,727 547,804
Intangible assets 20,000 20,000
Total Assets 6,568,694 1,287,685
Current liabilities:    
Accounts payable 162,308 154,361
Accrued expenses 150,136 54,789
Deferred revenue 31,437 0
Conversion feature liability 72,563 137,177
Total current liabilities 416,444 346,327
Investor demand payable 3,000,000 0
Total Liabilities 3,416,444 346,327
Commitments and contingencies (Note 12)
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; 28,516,009 and 22,047,531 shares issued and outstanding at December 31, 2017 and December 31, 2016 285,159 220,475
Common stock to be issued 0 9,375
Additional paid-in capital 11,170,666 2,730,770
Accumulated deficit (8,472,071) (2,187,758)
Total stockholders’ equity 2,983,754 772,862
Total liabilities and stockholders’ equity $ 6,568,694 $ 1,287,685