XML 73 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 12,077,640 $ 41,671,284
Prepaid expenses and other current assets 807,356 1,075,021
Total current assets 12,884,996 42,746,305
Property and equipment, net 193,974 130,867
Other assets:    
Goodwill 7,647,267 7,647,267
In-process research and development 118,600 118,600
Other non-current assets 620,674 20,380
Total assets 21,465,511 50,663,419
Current liabilities:    
Accounts payable 561,090 1,033,829
Accrued expenses 1,944,431 4,546,432
Other current liabilities 263,392  
Total current liabilities 2,768,913 5,580,261
Other non-current liabilities 326,282  
Total liabilities 3,095,195 5,580,261
Commitments and Contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; none issued and outstanding
Common stock, $0.0001 par value; authorized 150,000,000 shares; 10,095,176 and 10,087,363 shares issued and outstanding at December 31, 2019 and 2018, respectively 1,010 1,009
Additional paid-in capital 94,619,818 91,914,692
Accumulated deficit (76,250,512) (46,832,543)
Total stockholders’ equity 18,370,316 45,083,158
Total liabilities and stockholders’ equity $ 21,465,511 $ 50,663,419