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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 10,030,024 $ 5,114,917
Trade and other receivables 19,014 21,064
Prepaid expenses 414,683 510,900
Total current assets 10,463,721 5,646,881
Property and equipment, net 31,130 41,036
Patents, net 649,745 668,936
ROU and other assets 215,953 227,036
Total assets 11,360,549 6,583,889
CURRENT LIABILITIES    
Accounts payable and accrued expenses 961,026 824,406
Accrued bonuses 98,750 135,686
Short-term note and other current liabilities 126,450 264,665
Total current liabilities 1,186,226 1,224,757
Warrant liabilities, at fair value 59,971 84,596
Lease liability, net of current portion 136,395 148,543
Total liabilities 1,382,592 1,457,896
Commitments and contingencies (Note 5)
STOCKHOLDERS' EQUITY    
Preferred stock, 7,000,000 shares authorized, $0.01 par value; 200,000 shares issued and outstanding at March 31, 2020 and December 31, 2019 2,000 2,000
Common stock, $0.01 par value; 300,000,000 shares authorized, 9,428,011 and 3,866,457 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 94,280 38,665
Additional paid-in capital 239,439,587 227,067,058
Accumulated other comprehensive loss (7,148) (6,186)
Accumulated deficit (229,550,762) (221,975,544)
Total stockholders' equity 9,977,957 5,125,993
Total liabilities and stockholders' equity $ 11,360,549 $ 6,583,889