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Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 14,177,349 $ 7,991,172
Prepaid expenses, deposits and other current assets 472,464 923,059
Total current assets 14,649,813 8,914,231
Property and equipment, net 252,366 350,281
Intangible asset 8,639,000 8,639,000
Right of use asset 247,043
Other assets 322,301 298,480
Total assets 24,110,523 18,201,992
Current liabilities:    
Accounts payable 1,251,412 198,818
Accrued expenses and other current liabilities 358,532 605,226
Current operating lease liability 111,477
Total current liabilities 1,721,421 804,044
Deferred income taxes 2,119,274 1,786,389
Noncurrent operating lease liability 135,566
Total liabilities 3,976,261 2,590,433
Commitments and Contingencies (Note 6)
Stockholders’ Equity:    
Common stock, $0.001 par value: 1,000,000,000 shares authorized; 33,480,365 and 3,376,230 shares issued and outstanding at December 31, 2019 and 2018, respectively 33,481 3,377
Additional paid-in capital 111,824,859 95,532,881
Accumulated deficit (91,724,078) (79,924,699)
Total stockholders' equity 20,134,262 15,611,559
Total liabilities and stockholders' equity $ 24,110,523 $ 18,201,992