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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 7,444,052 $ 1,628,136
Prepaid expenses and other current assets 1,322,167 313,499
Asset held for sale 7,000,000  
Total current assets 15,766,219 1,941,635
Property and equipment, net 222,464 245,788
Restricted cash 151,016 150,477
Other assets 667,747 116,333
Total assets 16,807,446 2,454,233
Current liabilities    
Accounts payable 1,895,613 3,277,525
Accrued expenses 2,270,045 1,402,750
Short-term debt, net   7,483,847
Derivative liabilities   1,741,222
Operating lease obligation 172,310  
Other current liabilities 205,991 204,242
Total current liabilities 4,543,959 14,109,586
Non-current liabilities    
Operating lease obligation, less current portion 163,198  
Long term debt, net 1,072,123 1,016,727
Other non-current liabilities 9,755 37,459
Total non-current liabilities 1,245,076 1,054,186
Total liabilities 5,789,035 15,163,772
Commitments and contingencies (Note 9)
Stockholders’ equity (deficit)    
Convertible preferred stock, $0.01 par value, 10,000,000 shares authorized, seven and zero issued and outstanding, respectively 0 0
Common stock, $0.01 par value, 200,000,000 authorized, 52,746,728 and 4,960,552 shares issued, respectively; 52,625,228 and 4,960,552 shares outstanding, respectively 527,467 49,606
Treasury Stock, at cost 121,500 and zero shares, respectively (47,864)  
Accumulated other comprehensive income   451
Additional paid-in capital 62,018,632 18,477,598
Accumulated deficit (51,479,824) (31,237,194)
Total stockholders’ equity (deficit) 11,018,411 (12,709,539)
Total liabilities and stockholders’ equity (deficit) $ 16,807,446 $ 2,454,233
Convertible preferred stock, par value (in USD per share) $ 0.01 $ 0.01
Convertible preferred stock, shares authorized (in shares) 10,000,000 10,000,000
Convertible preferred stock, shares issued (in shares) 7 0
Convertible preferred stock, shares outstanding (in shares) 7 0
Common stock, shares authorized (in shares) 200,000,000 200,000,000
Common stock, par value (in USD per share) $ 0.01 $ 0.01
Common stock, shares issued (in shares) 52,746,728 4,960,552
Common stock, shares outstanding (in shares) 52,625,228 4,960,552
Treasury stock, common, shares (in shares) 121,500 0