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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 10,828,228 $ 14,177,349
Prepaid expenses, deposits and other current assets 888,234 472,464
Total current assets 11,716,462 14,649,813
Property and equipment, net 225,346 252,366
Intangible asset 8,639,000 8,639,000
Right of use asset 223,757 247,043
Other assets 252,561 322,301
Total assets 21,057,126 24,110,523
Current liabilities:    
Accounts payable 655,298 1,251,412
Accrued expenses and other current liabilities 519,552 358,532
Current operating lease liability 111,970 111,477
Total current liabilities 1,286,820 1,721,421
Deferred income taxes 1,756,894 2,119,274
Noncurrent operating lease liability 111,787 135,566
Total liabilities 3,155,501 3,976,261
Commitments and Contingencies (Note 7)
Stockholders’ Equity:    
Common stock, $0.001 par value: 1,000,000,000 shares authorized; 34,604,436 and 33,480,365 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 34,605 33,481
Additional paid-in capital 112,149,913 111,824,859
Accumulated deficit (94,282,893) (91,724,078)
Total stockholders' equity 17,901,625 20,134,262
Total liabilities and stockholders' equity $ 21,057,126 $ 24,110,523