XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
BALANCE SHEETS - USD ($)
Sep. 30, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 2,879,656 $ 1,956,844
Prepaid expenses and other current assets 212,031 136,942
Total Current Assets 3,091,687 2,093,786
PROPERTY AND EQUIPMENT - NET 484,382 425,650
OTHER ASSETS    
Intangible assets - net 629,011 667,972
TOTAL ASSETS 4,205,080 3,187,408
CURRENT LIABILITIES    
Accounts payable including current portion of equipment purchase 161,919 65,027
Accounts payable and accrued expenses - related parties 17,862 5,559
Accrued expenses 129,968 57,300
TOTAL CURRENT LIABILITIES 309,749 127,886
LONG TERM EQUIPMENT PURCHASE - NET OF CURRENT PORTION 11,893
TOTAL LIABILITIES 321,642 127,886
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 1,000,000 authorized, No shares issued or outstanding
Common stock $0.001 par value, 250,000,000 authorized, 72,194,057 and 68,077,288 issued and outstanding at September 30, 2017 and December 31, 2016 72,194 68,078
Additional paid-in-capital 53,978,566 48,998,073
Accumulated deficit (50,167,322) (46,006,629)
TOTAL STOCKHOLDERS' EQUITY 3,883,438 3,059,522
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,205,080 $ 3,187,408