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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 7,991,172 $ 8,896,468
Prepaid expenses, deposits and other current assets 923,059 769,946
Total current assets 8,914,231 9,666,414
Property and equipment, net 350,281 460,652
Intangible asset 8,639,000 8,639,000
Goodwill 0 6,929,258
Other assets 298,480 450,491
Total assets 18,201,992 26,145,815
Current liabilities:    
Current portion of convertible debt 550,000
Accounts payable 198,818 511,956
Accrued expenses and other current liabilities 605,226 1,628,851
Total current liabilities 804,044 2,690,807
Deferred income taxes 1,786,389 2,223,678
Other liabilities 1,386
Total liabilities 2,590,433 4,915,871
Commitments and Contingencies (Note 8)
Convertible preferred stock, $0.001 par value: Series A - No shares authorized, issued or outstanding at December 31, 2018, 13,750,000 shares authorized, 12,376,329 shares issued and 8,306,278 shares outstanding at December 31, 2017 0 0
Stockholders’ Equity:    
Common stock, $0.001 par value: 1,000,000,000 shares authorized; 3,376,230 and 967,976 shares issued and outstanding at December 31, 2018 and 2017, respectively 3,377 968
Additional paid-in capital 95,532,881 82,783,865
Accumulated deficit (79,924,699) (61,554,889)
Total stockholders' equity 15,611,559 21,229,944
Total liabilities, convertible preferred stock and stockholders' equity $ 18,201,992 $ 26,145,815