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Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net gain/(loss) $ (1,001,844) $ (570,175)
Adjustments to reconcile net (loss) to net cash (used in) operating activities    
Realized gain on sale of marketable securities 3,017,790
Fair value of warrants issued 1,339,420
Fair value of stock options issued 307,703 1,335,008
Accounts payable and accrued expenses (469,271) (595,184)
Due from/to related party (5,000)
Net cash provided by/(used in) operating activities: (1,163,412) 4,521,859
Cash flows from investing activities    
Cash received from sale of marketable securities (3,017,790)
Net cash (used in) investing activities (3,017,790)
Cash flows from financing activities    
Repayment of notes payable (600,000)
Repayment of notes payable - related party (150,000)
Proceeds from exercise of warrants 875,000
Issuance of common stock as payment for account payable 99,374
Net cash provided by/(used in) financing activities (750,000) 974,374
Net increase/(decrease) in cash and cash equivalents (1,913,412) 2,478,443
Cash and cash equivalents, including restricted, beginning of year 3,846,120 168,229
Cash and cash equivalents, including restricted, end of period 1,932,708 2,646,672
Supplemental disclosure of cash flow information:    
Interest 189,118
Income taxes