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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 1,046,314 $ 1,276,654
Inventory 8,962
Prepaid expense and other current assets 16,002 26,580
Total current assets 1,071,278 1,303,234
Patents, net 143,546 146,456
Property and equipment, net 11,016 14,010
Total assets 1,225,840 1,463,700
Liabilities and Stockholders' Equity    
Accounts payable and accrued expenses 141,674 115,313
Advances from investors 56,225 104,952
Convertible notes payable – related party 475,856 513,356
Total current liabilities 673,755 733,621
Total liabilities 673,755 733,621
Stockholders' equity    
Preferred stock, $0.01 par value: Authorized shares - 10,000,000, Issued and outstanding shares – 0 at March 31, 2019 and December 31, 2018
Common stock, $0.01 par value: Authorized shares - 100,000,000, Issued and outstanding shares –39,568,524 and 39,117,524 at March 31, 2019 and December 31, 2018, respectively 395,685 391,175
Additional paid-in capital 3,736,123 3,527,238
Accumulated deficit (3,579,723) (3,188,334)
Total stockholders’ equity 552,085 730,079
Total liabilities and stockholders’ equity $ 1,225,840 $ 1,463,700