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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net loss $ (1,790,309) $ (1,965,266)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 310,162 378,959
Change in operating assets and liabilities:    
Prepaid expenses and other assets 227,089 142,299
Accounts payable and other current liabilities (298,837) (482,878)
Net cash used in operating activities (1,551,895) (1,926,886)
Financing activities    
Proceeds from issuance of common stock, net 21,250 636,432
Net cash provided by financing activities 21,250 636,432
Net decrease in cash and cash equivalents (1,530,645) (1,290,454)
Cash and cash equivalents at beginning of period 5,663,833 5,319,004
Cash and cash equivalents at end of period $ 4,133,188 $ 4,028,550