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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 14,587,401 $ 16,130,410
Receivables 12,065 7,628
Prepaid expenses and other current assets 285,801 1,066,497
Total current assets 14,885,267 17,204,535
Equipment and furnishings, net 54,783 42,893
Other assets 19,366 7,590
Operating lease right-of-use assets 669,666
Total assets 15,629,082 17,255,018
Current liabilities:    
Accounts payable 952,411 887,835
Accrued expenses and other current liabilities 1,131,130 1,092,895
Current portion of operating lease liabilities 174,772 69,576
Total current liabilities 2,258,313 2,050,306
Operating lease liabilities, net of current portion 507,012
Total liabilities 2,765,325 2,050,306
Commitments and contingencies
Stockholders' equity:    
Preferred Stock, $0.01 par value, 833,333 shares authorized, including 50,000 shares of Series B Junior Participating Preferred Stock; no shares issued and outstanding
Common stock, $0.001 par value, 41,666,666 shares authorized; 33,637,501 shares issued and outstanding at June 30, 2020 and December 31, 2019 33,637 33,637
Additional paid-in capital 479,371,170 479,197,849
Accumulated deficit (466,541,050) (464,026,774)
Total stockholders' equity 12,863,757 15,204,712
Total liabilities and stockholders' equity $ 15,629,082 $ 17,255,018