General form of registration statement for all companies including face-amount certificate companies

Consolidated Balance Sheets

v3.10.0.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Current Assets      
Cash and cash equivalents $ 1,776,639 $ 2,847,429 $ 1,071,894
Certificates of deposit   1,019,294
Due from related party 26,684 62,709
Vendor deposit   227,657
Prepaid expenses 40,189 41,446 18,147
Total Current Assets 1,843,512 2,951,584 2,336,992
Property And Equipment      
Software 19,740 19,740 15,330
Equipment 9,327 9,327 8,445
Total Cost 29,067 29,067 23,775
Less: accumulated depreciation 5,358 3,246 1,381
Property and equipment, net 23,709 25,821 22,394
Other Assets      
Security deposit 5,535 5,535 5,535
Intangible asset, net of accumulated amortization 11,013,494  
Total Other Assets 11,019,029 5,535 5,535
Total Assets 12,886,250 2,982,940 2,364,921
Current Liabilities      
Senior convertible notes, net of debt issuance costs 2,484,710 2,448,570
Accrued interest 87,293 35,693
Accounts payable 104,880 50,686 14,593
Due to related parties 436 436 95
Accrued expenses 170,310 64,428 83,004
Total Current Liabilities 2,847,629 2,599,813 97,692
Non-current Liabilities      
Accrued rent liability 6,642 9,963
Deferred tax liability 2,755,613  
Total Liabilities 5,609,884 2,609,776 97,692
COMMITMENTS AND CONTINGENCIES - SEE NOTE
Stockholders' Equity      
Common stock, par value $0.0001, 350,000,000 and 43,261,049 shares authorized; 35,272,626 and 31,745,242 issued and outstanding at December 31, 2017 and 2016, respectively 3,527 3,527 3,175
Preferred stock, par value $0.0001, 10,000,000 shares authorized; zero shares issued and outstanding
Additional paid-in capital 12,228,723 4,228,723 4,266,825
Accumulated deficit (4,955,884) (3,859,086) (2,002,771)
Total Stockholders' Equity 7,276,366 373,164 2,267,229
Total Liabilities and Stockholders' Equity $ 12,886,250 $ 2,982,940 $ 2,364,921