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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues [Abstract]    
Royalties $ 67,704 $ 62,021
Total revenues 67,704 62,021
Costs and expenses:    
Research and development 2,705,691 2,648,599
Selling, general and administrative 1,486,019 1,375,185
Total operating expenses 4,191,710 4,023,784
Loss from operations (4,124,006) (3,961,763)
Interest income 35,823 64,743
Gain (loss) from change in fair value of derivative financial instruments—warrants 2,107 (9,761)
Other income (expense), net (2,486) 2,010
Net loss (4,088,562) (3,904,771)
Preferred stock dividend payable on Series A Convertible Preferred Stock (6,060) (6,060)
Deemed dividend recognized for beneficial conversion features of Convertible Preferred Stock issuance 0 (268,269)
Net loss attributable to common stockholders $ (4,094,622) $ (4,179,100)
Net loss per common share - basic and diluted (in dollars per share) $ (0.41) $ (1.02)
Weighted-average shares outstanding - basic and diluted (in shares) 9,910,306 4,086,561