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Consolidated Statements of Cash Flows (unaudited) - USD ($)
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating activities:    
Net loss $ (13,822,263) $ (2,371,740)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 1,263  
Stock-based compensation 58,538 6,953
Non-cash interest   316,804
Acquired in-process research and development 507,000  
Impairment of goodwill 5,187,519  
Changes in operating assets and liabilities, net impact of acquisition:    
Other receivables 203,928  
Prepaid expenses (238,378) (224,433)
Other current assets 193,495  
Other non-current assets and deferred charges 105,692 (2,800)
Accounts payable and accrued expenses 236,259 659,223
Interest payable   36,776
Deferred rent 8,900 157
Net cash used in operating activities (7,558,047) (1,579,060)
Investing activities:    
Cash acquired through merger   9,918,440
Purchases of property and equipment (11,836)  
Acquisition of Pear Tree and Hydra asset (507,000)  
Net cash provided by (used in) investing activities (518,836) 9,918,440
Financing activities:    
Net proceeds from issuance of common stock and warrants 10,114,452  
Proceeds from issuance of convertible promissory notes   155,000
Net cash provided by financing activities 10,114,452 155,000
Effect of exchange rate changes on cash and cash equivalents (59,952) (9,774)
Net change in cash and cash equivalents 1,977,617 8,484,606
Cash and cash equivalents, beginning of period 7,559,846 44,614
Cash and cash equivalents, end of period $ 9,537,463 $ 8,529,220