XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 12,601,878 $ 16,130,410
Insurance claims receivable 613,905 7,628
Prepaid expenses and other current assets 1,464,289 1,066,497
Total current assets 14,680,072 17,204,535
Equipment and furnishings, net 47,270 42,893
Other assets 16,836 7,590
Operating lease right-of-use assets 625,302
Total assets 15,369,480 17,255,018
Current liabilities:    
Accounts payable 3,136,376 887,835
Accrued expenses and other current liabilities 1,378,349 1,162,471
Current portion of operating lease liabilities 174,772
Total current liabilities 4,689,497 2,050,306
Operating lease liabilities, net of current portion 464,505
Total liabilities 5,154,002 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; 36,480,038 and 33,637,501 shares issued and outstanding, respectively, at September 30, 2020 and December 31, 2019 36,480 33,637
Additional paid-in capital 479,494,604 479,197,849
Accumulated deficit (469,315,606) (464,026,774)
Total stockholders' equity 10,215,478 15,204,712
Total liabilities and stockholders' equity $ 15,369,480 $ 17,255,018