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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,824,355 $ 3,444,952
Other current assets 155,970 371,562
Total current assets 1,980,325 3,816,514
Property & equipment, net of accumulated depreciation of $0 and $3,194,029, respectively 0 50,000
Total assets 1,980,325 3,866,514
Current liabilities:    
Accounts payable 6,864 377,956
Accrued expenses 335,151 625,890
Notes payable - insurance 26,532 156,642
Total current liabilities 368,547 1,160,488
Total liabilities 368,547 1,160,488
Stockholders' equity:    
Preferred stock, no par value, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 150,000,000 shares authorized, 7,657,332 and 7,141,054 shares issued and outstanding 76,573 71,411
Additional paid in capital 164,459,269 163,954,215
Accumulated deficit (162,924,064) (161,319,600)
Total stockholders' equity 1,611,778 2,706,026
Total liabilities and stockholders' equity $ 1,980,325 $ 3,866,514