XML 37 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,007,260 $ 12,077,640
Prepaid expenses and other current assets 624,520 807,356
Total current assets 7,631,780 12,884,996
Property and equipment, net 176,265 193,974
Other assets:    
Goodwill 7,647,267 7,647,267
In-process research and development 118,600 118,600
Other non-current assets 566,466 620,674
Total assets 16,140,378 21,465,511
Current liabilities:    
Accounts payable 344,800 561,090
Accrued expenses 1,171,164 1,944,431
Other current liabilities 264,472 263,392
Total current liabilities 1,780,436 2,768,913
Other non-current liabilities 270,994 326,282
Total liabilities 2,051,430 3,095,195
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; 10,101,034 and 10,095,176 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 1,011 1,010
Additional paid-in capital 95,287,156 94,619,818
Accumulated deficit (81,199,219) (76,250,512)
Total stockholders’ equity 14,088,948 18,370,316
Total liabilities and stockholders’ equity $ 16,140,378 $ 21,465,511