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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 6,986,289 $ 8,983,717
Contracts and grants receivable 1,675,545 1,201,715
Prepaid expenses 149,749 157,278
Total current assets 8,811,583 10,342,710
Security deposit 22,734 22,734
Office furniture and equipment, net 12,290 19,634
Deferred issuance costs 74,375 59,761
Intangible assets, net 33,281 46,863
Right-of-use assets 192,200
Other assets 46,500
Total assets 9,192,963 10,491,702
Current liabilities:    
Accounts payable 2,451,632 2,126,215
Deferred revenue 69,976
Accrued expenses 2,791,511 1,790,689
Accrued compensation 50,162 294,628
Lease liabilities - current 136,890
Total current liabilities 5,500,171 4,211,532
Non-current liabilities:    
Lease liabilities, net of current 56,558
Total liabilities 5,556,729 4,211,532
Shareholders' equity:    
Preferred stock, 350,000 shares authorized; none issued or outstanding
Common stock, $.001 par value; 50,000,000 shares authorized; 18,741,210 shares and 17,682,839 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 18,741 17,683
Additional paid-in capital 173,557,669 172,436,176
Accumulated other comprehensive loss (7,008) (3,669)
Accumulated deficit (169,933,168) (166,170,020)
Total shareholders' equity 3,636,234 6,280,170
Total liabilities and shareholders' equity $ 9,192,963 $ 10,491,702