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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities    
Net loss $ (1,406,693) $ (1,454,641)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 24 24
Debt discount amortization 156,873
Debt issuance costs amortization 9,794
Stock-based compensation 25,724 195,795
Options issued to consultants 5,965 171,891
Issuance costs of shares issued to related party for collateral pursuant to convertible secured note agreement 1,489
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (2,368) (1,235)
Accounts payable and accrued expenses 396,892 52,624
Deferred compensation 50,000 50,000
Net cash used in operating activities (928,967) (818,875)
Cash flows from financing activities    
Proceeds from issuance of common stock 500,000
Proceeds from issuance of convertible secured note payable – related party 700,000
Net cash provided by financing activities 700,000 500,000
Net decrease in cash (228,967) (318,875)
Cash, beginning of period 955,374 690,279
Cash, end of period 726,407 371,404
Supplemental information    
Interest paid - related party 213,750 191,250
Income taxes paid
Supplemental non-cash investing and finance activities:    
Prepaid offering costs netted against proceeds from issuance of common stock 7,500
Shares issued in settlement of bonus payable $ 456,000