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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 2,882,657 $ 3,715,895
Restricted cash 275,000 275,000
Prepaid expense 227,936 193,293
Other current assets 0 110,663
Total current assets 3,385,593 4,294,851
Furniture and equipment, net 145,970 171,568
Intangible assets, net 1,492,121 1,700,565
Other assets 76,337 76,337
Total assets 5,100,021 6,243,321
Current liabilities    
Accounts payable 429,052 814,448
Accrued expenses 169,001 463,676
Payroll liabilities 724,934 1,159,335
Other current liabilities 3,848 64,128
Total current liabilities $ 1,326,835 $ 2,501,587
Commitments and contingencies (note 13)
Stockholders' equity    
Preferred stock - $.001 par value; 10,000,000 shares authorized, 0 shares issued and outstanding $ 0 $ 0
Common stock - $.001 par value; 75,000,000 shares authorized, 38,823,464 and 32,657,257 shares issued and outstanding 38,823 32,657
Additional paid-in capital 56,996,766 54,643,940
Accumulated deficit (53,262,403) (50,934,863)
Total stockholders' equity 3,773,186 3,741,734
Total liabilities and stockholders' equity $ 5,100,021 $ 6,243,321