Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

v2.4.1.9
CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 2,285,184us-gaap_CashAndCashEquivalentsAtCarryingValue $ 167,001us-gaap_CashAndCashEquivalentsAtCarryingValue
Prepaid expenses and other current assets 180,535us-gaap_PrepaidExpenseAndOtherAssetsCurrent 26,443us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Current portion of refundable tax credit receivable 23,454us-gaap_IncomeTaxesReceivable 25,336us-gaap_IncomeTaxesReceivable
Total current assets 2,489,173us-gaap_AssetsCurrent 218,780us-gaap_AssetsCurrent
Property and equipment, net 915us-gaap_PropertyPlantAndEquipmentNet 1,257us-gaap_PropertyPlantAndEquipmentNet
Restricted cash 20,000us-gaap_RestrictedCashAndCashEquivalentsNoncurrent 0us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Deferred offering costs 0us-gaap_DeferredCosts 1,148,994us-gaap_DeferredCosts
Other assets 36,976us-gaap_OtherAssetsNoncurrent 37,439us-gaap_OtherAssetsNoncurrent
Total assets 2,547,064us-gaap_Assets 1,406,470us-gaap_Assets
Current liabilities:    
Grants payable 0eyeg_GrantsPayableCurrent 36,401eyeg_GrantsPayableCurrent
Accounts payable 286,233us-gaap_AccountsPayableCurrent 565,947us-gaap_AccountsPayableCurrent
Accrued expenses 126,512us-gaap_AccruedLiabilitiesCurrent 913,063us-gaap_AccruedLiabilitiesCurrent
Convertible notes due to stockholders, net (aggregate principal outstanding of $3,376,573 at December 31, 2014) 0us-gaap_ConvertibleNotesPayableCurrent 3,205,504us-gaap_ConvertibleNotesPayableCurrent
Warrant liability 0us-gaap_WarrantsAndRightsOutstanding 303,102us-gaap_WarrantsAndRightsOutstanding
Total current liabilities 412,745us-gaap_LiabilitiesCurrent 5,024,017us-gaap_LiabilitiesCurrent
Commitments and contingencies (Note 12)      
Convertible preferred stock and non-controlling interests: (classified as temporary equity)    
Non-controlling interests 0us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount 6,780,588us-gaap_RedeemableNoncontrollingInterestEquityCarryingAmount
Total convertible preferred stock and non-controlling interests 0us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests 43,189,254us-gaap_TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
Stockholders’ equity (deficit):    
Preferred stock, $0.01 par value; 10,000,000 shares authorized, 0 issued and outstanding at March 31, 2015 0us-gaap_PreferredStockValue  
Common stock, $0.01 par value: 100,000,000 shares authorized; 6,351,698 shares issued at March 31, 2015 and 201,787 shares issued at December 31, 2014 63,517us-gaap_CommonStockValue 2,018us-gaap_CommonStockValue
Additional paid-in capital 61,723,139us-gaap_AdditionalPaidInCapital 10,055,613us-gaap_AdditionalPaidInCapital
Accumulated deficit (59,668,415)us-gaap_RetainedEarningsAccumulatedDeficit (56,862,152)us-gaap_RetainedEarningsAccumulatedDeficit
Shareholder notes receivable (58,824)us-gaap_ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock (58,824)us-gaap_ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
Accumulated other comprehensive income 74,902us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax 56,544us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders’ equity (deficit) 2,134,319us-gaap_StockholdersEquity (46,806,801)us-gaap_StockholdersEquity
Total liabilities, convertible preferred stock, non-controlling interests and stockholders' equity (deficit) 2,547,064us-gaap_LiabilitiesAndStockholdersEquity 1,406,470us-gaap_LiabilitiesAndStockholdersEquity
Series A Preferred Stock [Member]    
Convertible preferred stock and non-controlling interests: (classified as temporary equity)    
Convertible preferred stock 0us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
254,525us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesAPreferredStockMember
Series B Preferred Stock [Member]    
Convertible preferred stock and non-controlling interests: (classified as temporary equity)    
Convertible preferred stock 0us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
6,926,180us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesBPreferredStockMember
Series C Preferred Stock [Member]    
Convertible preferred stock and non-controlling interests: (classified as temporary equity)    
Convertible preferred stock 0us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
5,745,127us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
Series D Preferred Stock [Member]    
Convertible preferred stock and non-controlling interests: (classified as temporary equity)    
Convertible preferred stock $ 0us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesDPreferredStockMember
$ 23,482,834us-gaap_TemporaryEquityCarryingAmountAttributableToParent
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesDPreferredStockMember