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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 25,561,599 $ 14,177,349
Prepaid expenses, deposits and other current assets 1,147,174 472,464
Total current assets 26,708,773 14,649,813
Property and equipment, net 198,325 252,366
Intangible asset 8,639,000 8,639,000
Right of use asset 194,879 247,043
Other assets 252,149 322,301
Total assets 35,993,126 24,110,523
Current liabilities:    
Accounts payable 1,354,948 1,251,412
Accrued expenses and other current liabilities 317,075 358,532
Current operating lease liability 109,808 111,477
Total current liabilities 1,781,831 1,721,421
Deferred income taxes 1,249,569 2,119,274
Noncurrent operating lease liability 85,071 135,566
Total liabilities 3,116,471 3,976,261
Commitments and Contingencies (Note 7)
Stockholders’ Equity:    
Common stock, $0.001 par value: 1,000,000,000 shares authorized; 63,998,298 and 33,480,365 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 63,999 33,481
Additional paid-in capital 130,220,772 111,824,859
Accumulated deficit (97,408,116) (91,724,078)
Total stockholders' equity 32,876,655 20,134,262
Total liabilities and stockholders' equity $ 35,993,126 $ 24,110,523