XML 48 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 5,114,917 $ 5,787,110
Trade and other receivables 21,064 294,057
Current portion of related party receivable, net of discount 63,938
Prepaid expenses 510,900 363,288
Total current assets 5,646,881 6,508,393
Property and equipment, net 41,036 90,311
Patents, net 668,936 763,543
Related party receivable, net of discount and current portion 298,238
ROU and other assets 227,036 23,965
Total assets 6,583,889 7,684,450
CURRENT LIABILITIES    
Accounts payable and accrued expenses 824,406 832,564
Accrued bonuses 135,686
Short-term note and other current liabilities 264,665 218,602
Total current liabilities 1,224,757 1,051,166
Warrant liabilities, at fair value 84,596 583,734
Lease liability, net of current portion 148,543
Total liabilities 1,457,896 1,634,900
Commitments and contingencies (Note 5)
STOCKHOLDERS' EQUITY    
Preferred stock, 7,000,000 shares authorized, $0.01 par value; 200,000 shares issued and outstanding at September 30, 2020 and December 31, 2019 2,000 10,000
Common stock, $0.01 par value; 300,000,000 shares authorized, 17,295,703 and 3,866,457 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 38,665 9,103
Additional paid-in capital 227,067,058 219,654,753
Accumulated other comprehensive loss (6,186) (413)
Accumulated deficit (221,975,544) (213,623,893)
Total stockholders' equity 5,125,993 6,049,550
Total liabilities and stockholders' equity $ 6,583,889 $ 7,684,450