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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 19,568,247 $ 10,380,493
Restricted cash 110,000 110,000
Prepaid expenses 835,468 509,833
Research and development tax rebate receivable 237,856 518,098
Other current assets 27,957 30,942
Total current assets 20,779,528 11,549,366
Furniture and equipment, net 48,212 54,487
Intangible assets, net 91,667 99,375
Right-of-use asset 88,103
Other assets 17,218 17,218
Total Assets 21,024,728 11,720,446
Current liabilities    
Accounts payable 463,970 353,328
Accrued expenses 74,844 177,074
Payroll liabilities 891,758 935,070
Stock-based compensation liability 1,410,025
Lease liability 50,706
Other current liabilities 9,863 39,939
Total current liabilities 1,491,141 2,915,436
Long term liabilities    
Lease liability long term 37,397
Total Liabilities 1,528,538 2,915,436
Commitments and contingencies (note 11)
Stockholders' equity    
Preferred stock - $0.001 par value; 10,000,000 shares authorized; 702 and 2,379 shares issued and outstanding as of March 31, 2019 and December 31, 2018, respectively 1 2
Additional paid-in capital- Series B convertible preferred stock 701,999 2,378,997
Common stock - $0.18 par value; 175,000,000 shares authorized, and 9,122,171 and 5,846,552 shares issued and outstanding, as of March 31, 2019 and December 31, 2018, respectively 1,641,979 1,052,372
Additional paid-in capital 98,056,781 82,204,902
Accumulated deficit (80,904,570) (76,831,263)
Total Stockholders' Equity 19,496,190 8,805,010
Total Liabilities and Stockholders' Equity $ 21,024,728 $ 11,720,446