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Consolidated Statements of Cash Flows - USD ($)
5 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2018
Jul. 31, 2017
Cash flows provided by (used in) operating activities      
Net loss $ 1,379,379 $ (21,195,316) $ 6,580,613
Adjustments to reconcile net loss to net cash used by operating activities:      
Depreciation and amortization 2,142 2,556 5,140
Issuance of common stock for services 0 732,249 190,427
Stock based compensation from issuance of options 1,779,671 5,760,432 1,277,139
Loss on settlement of liability 13,917 49,983 0
Stock based compensation from issuance of warrants 0 0 229,360
Changes in assets and liabilities:      
Accounts receivable (7,946,676) 7,207,359 (3,437,502)
Prepaid expenses and other current assets (568,441) 465,705 (102,483)
Accounts payable and accrued expenses 1,145,021 (1,924,032) 2,071,387
License fees payable 0 8,100,000 0
Accrued salaries and wages (987,870) 370,155 (1,218,065)
Royalty payable 1,408,012 (409,707) 0
Deferred revenue (65,641) 317,644 (39,854)
Net cash provided by (used in) operating activities (3,840,486) (522,972) 5,556,162
Cash flows provided by (used in) financing activities      
Proceeds from warrant exercise 5,292,876 34,000 0
Deferred financing costs (209,042) (166,419) 0
Proceeds from sale of common stock 0 17,153,126 0
Repayment of note payable 0 0 (165,000)
Net cash provided by (used in) financing activities 5,083,834 17,020,707 (165,000)
Net increase in cash and cash equivalents 1,243,348 16,497,735 5,391,162
Cash and cash equivalents, beginning of period 6,872,555 8,115,903 1,481,393
Cash and cash equivalents, end of period 8,115,903 24,613,638 6,872,555
Supplemental disclosure      
Interest paid during the period 0 0 4,828
Taxes paid during the period 619,225 174,000 0
Non-Cash Financing Transactions      
Cashless exercise of options 146 50 0
Issuance of common stock to net profit partner 0 1,600,000 0
Issuance of common stock as settlement of liability 200,000 100,000 0
Forgiveness of related party of debt 0 0 761,826
Reconciling adjustment to record shares issued in prior year for the conversion of debt into common stock and rounding in relation to 1-for-100 reverse stock split 0 0 6
Offset of deferred financing costs against APIC $ 0 $ 209,042 $ 0