Quarterly report pursuant to Section 13 or 15(d)

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of Cash and Restricted Cash
   

September 30,

2018

   

December 31,

2017

 
             
Cash   $ 10,271,599     $ 2,012,965  
Restricted cash     738,356       778,579  
Total cash and restricted cash shown in the statement of cash flows   $ 11,009,955     $ 2,791,544  
Schedule of property and equipment
    Useful Lives  

September 30,

2018

    December 31,
2017
 
                 
Office furniture and equipment   3 years   $ 731,135     $ 537,607  
Laboratory and other equipment   5 years     536,570       398,997  
Tenant improvements   14 to 39 months     1,639,138       1,545,885  
          2,906,843       2,482,489  
Less: accumulated depreciation         (748,177 )     (399,056 )
        $ 2,158,666     $ 2,083,433