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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 11,580,594 $ 283,341
Grant funds and other receivables 141,154 68,603
Prepaid expenses and other current assets 13,046 95,320
Total current assets 11,734,794 447,264
Property and equipment, net (Note 5) 10,093 10,606
Deposits 11,010 11,010
Total assets 11,755,897 468,880
Current liabilities:    
Accounts payable 161,478 152,653
Accrued expenses (Note 6) 579,585 1,851,040
Current portion of notes payable 182,584 12,500
Total current liabilities 923,647 2,016,193
Note payable, net of current portion 18,506 27,243
Total liabilities 942,153 2,043,436
Commitments (Note 9)
Stockholders’ equity (deficiency):    
Preferred Stock, $.01 par value (Note 10): Authorized shares – 10,000,000 Issued and outstanding shares – 400 and 2,486 June 30, 2020 and December 31, 2019, respectively 76,095 1,932,433
Common stock, $.001 par value: Authorized shares – 600,000,000 Issued and outstanding shares – 13,834,075 and 299,835 at June 30, 2020 and December 31, 2019, respectively 3,559 15
Additional paid-in capital 55,203,149 39,340,509
Accumulated deficit (44,469,059) (42,847,513)
Total stockholders’ equity (deficiency) 10,813,744 (1,574,556)
Total liabilities and stockholders’ equity (deficiency) $ 11,755,897 $ 468,880