Quarterly report pursuant to Section 13 or 15(d)

Accrued expenses

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Accrued expenses
 6 Months Ended
Jun. 30, 2017
Payables and Accruals [Abstract]  
Accrued expenses

7. Accrued expenses

The Company has recorded the following accrued expenses as of June 30, 2017 and December 31, 2016, respectively:

 

     June 30,      December 31,  
     2017      2016  

Accrued expenses

      

Accrued professional fees

    $ 3,093,303      $ 867,969  

Accrued compensation expense

      1,123,913        1,198,448  

Accrued research and development fees

      843,830        1,040,321  

Accrued taxes

      899,651        —    

Accrued audit and tax fees

      218,264        454,931  

Accrued other

      171,880        157,788  
  

 

 

     

 

 

  

Total accrued expenses

    $ 6,350,841      $ 3,719,457