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Stock Based Compensation (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Expense

The following table sets forth the total stock-based compensation expense resulting from stock options, restricted stock and warrants included in our Condensed Consolidated Statements of Operations:

 

    Three Months Ended September 30,     Nine Months Ended September, 30,  
    2020     2019     2020     2019  
Research and development   $     $     $       $ (2,672 )
General and administrative — employee     87,277       216,234       260,598       644,113  
Total employee stock-based compensation   $ 87,277     $ 216,234     $ 260,598     $ 641,441  
Schedule of Share-based Compensation, Stock Options, Activity

Presented below is our stock option activity:

 

    Nine Months Ended September 30, 2020  
   

Number of Options

(Employees)

    Number of Options (Non-Employees)     Total Number of Options     Weighted-Average Exercise Price  
Outstanding at January 1, 2020     7,126,340       615,000       7,741,340     $ 3.32  
Granted                        
Exercised     (4,300,000 )     (250,000 )     (4,550,000 )   $ 0.26  
Forfeited or expired     (3,570 )           (3,570 )   $ 32.76  
Outstanding at September 30, 2020     2,822,770       365,000       3,187,770     $ 7.67  
Exercisable at September 30, 2020     2,432,320       365,000       3,162,320     $ 7.71  
Schedule of Ranges of Stock Options

The following table summarizes significant ranges of outstanding stock options under our plans at September 30, 2020:

 


Range of Exercise Prices
    Number of Options     Weighted-Average Remaining Contractual Life (years)     Weighted-Average Exercise Price     Number of Options Exercisable     Weighted-Average Remaining Contractual Life (years)     Weighted-Average Exercise Price  
$ 0.26 - $1.00       850,000       9.21     $ 0.26       850,000       9.21     $ 0.26  
$ 1.01 – $3.00       1,050,673       6.86     $ 2.04       1,025,223       6.75     $ 2.05  
$ 3.01 – $15.00       852,360       4.22     $ 12.56       852,360       4.22     $ 12.56  
$ 15.01 –$42.42       434,737       3.19     $ 26.13       434,737       3.19     $ 26.13  
          3,187,770       6.28     $ 7.67       3,162,320       8.24     $ 7.71