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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 4,802,806 $ 3,210,749
Restricted cash 5,000,000 0
Marketable investment securities 12,077,016 18,257,321
Accrued interest income 29,892 23,067
Litigation insurance recovery 0 3,319,927
Prepaid and other current assets 728,482 408,227
Total current assets 22,638,196 25,219,291
Property and equipment, net of accumulated depreciation of $1,120,256 and $1,121,080, respectively 23,442 75,070
Other assets 23,753 30,753
Total assets 22,685,391 25,325,114
Current liabilities:    
Accounts payable 239,922 598,070
Litigation settlement payable 0 4,250,000
Accrued expenses 488,632 1,497,056
Debt - current portion 2,341,054 0
Total current liabilities 3,069,608 6,345,126
Debt - non-current portion 7,853,844 0
Total liabilities 10,923,452 6,345,126
Commitments and contingencies (notes 5 and 10)
Stockholders' equity:    
Preferred stock, par value $0.0001 per share, 10,000,000 shares authorized; zero issued and outstanding 0 0
Common stock, par value $0.0001 per share, 100,000,000 shares authorized; 21,340,017 and 21,270,249 issued and 21,334,307 and 21,264,539 outstanding 2,134 2,127
Additional paid-in capital 146,638,736 145,423,012
Treasury stock at cost, 5,710 shares (40,712) (40,712)
Accumulated other comprehensive loss (3,853) (4,616)
Accumulated deficit (134,834,366) (126,399,823)
Total stockholders' equity 11,761,939 18,979,988
Total liabilities and stockholders' equity $ 22,685,391 $ 25,325,114