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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Summary of Significant Accounting Policies [Abstract]  
Antidilutive Securities
The potentially dilutive securities excluded from the determination of diluted loss per share as their effect is antidilutive, are as follows:

 
Year Ended December 31,
 
 
2019
 
2018
 
Stock options to purchase Common Stock
  
1,421,797
   
1,658,883
 
Warrants to purchase Common Stock
  
258,825
   
475,694
 
Total
  
1,680,626
   
2,134,577
 
Restatement of Previously Reported Condensed Consolidated Financial Statements
The following table sets forth the effect this immaterial error correction had on the Company's consolidated balance sheet as of December 31, 2018:

  
Previously Reported
  
Year Ended
December 31, 2018
Corrections
    
Restated
 
            
ASSETS
           
            
Prepaid expenses and other receivables
 
$
156,628
  
$
(138,200
)
 
B
  
18,428
 
Total current assets
  
260,323
   
(138,200
)
    
122,123
 
Intangible Assets, net
  
41,692
   
(41,692
)
 
A
  
-
 
Total assets
 
$
344,323
  
$
(179,892
)
   
$
164,431
 
               
Liabilities and Stockholders' (Deficit)
           
               
Current Liabilities:
              
Accounts payable
 
$
1,412,954
  
$
(105,425
)
 
D
 
$
1,307,529
 
Total current liabilities
  
2,014,843
   
(105,425
)
    
1,909,418
 
Warrant liability
  
-
   
291,225
  
D
  
291,225
 
Total liabilities
  
2,044,843
   
185,800
     
2,230,643
 
Stockholders' (Deficit)
              
Additional paid in capital
  
19,312,548
   
560,234
  
C
  
19,872,782
 
Accumulated deficit
  
(21,013,173
)
  
(41,692
)
 
A
  
(21,939,099
)
       
(138,200
)
 
B
    
       
(560,234
)
 
C
    
       
(185,800
)
 
D
    
Total stockholders' (deficit)
  
(1,700,520
)
  
(365,692
)
    
(2,066,212
)
Total liabilities and stockholders' (deficit)
 
$
344,323
  
$
(179,892
)
   
$
164,431
 

The following table sets forth the effect this immaterial error correction had on the Company’s consolidated statement of operations and comprehensive loss for the year ended December 31, 2018:

  
Previously Reported
  
Year Ended
December 31, 2018
Corrections
    
Restated
 
            
Operating expenses:
           
Research and development
 
$
789,052
  
$
41,692
  
A
 
$
830,744
 
General and administrative
  
2,089,582
   
138,200
  
B
  
2,788,016
 
       
560,234
  
C
    
Total operating expenses
  
2,906,060
   
740,126
     
3,646,186
 
               
Loss from operations
  
(2,906,060
)
  
(740,126
)
    
(3,646,186
)
               
Other income (expense):
              
Loss on extinguishment of debt
  
-
   
(185,800
)
 
D
  
(185,800
)
   
(4,495
)
  
(185,800
)
    
(190,295
)
               
Net (loss)
 
$
(2,910,555
)
 
$
(925,926
)
   
$
(3,836,481
)

The following table sets forth the effect this immaterial error correction had on the Company's consolidated statement of cash flows for the year ended December 31, 2018:

  
Previously Reported
  
Year Ended
December 31, 2018
Corrections
    
Restated
 
Cash flows from operating activities:
           
            
Net loss
 
$
(2,910,555
)
 
$
(41,692
)
 
A
 
$
(3,836,481
)
       
(138,200
)
 
B
    
       
(560,234
)
 
C
    
       
(185,800
)
 
D
    
Adjustments to reconcile net loss to net cash used in operating activities:
              
Depreciation and amortization
  
27,426
   
41,692
  
A
  
69,118
 
Loss on extinguishment of debt
      
291,225
  
D
  
185,800
 
       
(105,425
)
 
D
    
Changes in operating assets and liabilities:
              
Accounts payable
  
788,830
           
Prepaid expenses and other receivables
  
(101,825
)
  
138,200
  
B
  
36,375
 
Net cash used in operating activities
  
(1,009,343
)
  
(560,234
)
    
(1,569,577
)
               
Cash flows from finacing activities:
              
Issuance costs
  
(560,234
)
  
560,234
  
C
  
-
 
Net cash provided by financing activities
  
937,154
   
560,234
     
1,497,388
 
               
Net increase (decrease) in cash and cash equivalents
  
(72,189
)
  
-
     
(72,189
)
Cash and cash equivalents beginning of the year
  
175,884
   
-
     
175,884
 
Cash and cash equivalents end of the year
 
$
103,695
  
$
-
    
$
103,695