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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 15,289,543 $ 10,380,493
Restricted cash 110,000 110,000
Prepaid expenses 430,042 509,833
Research and development tax rebate receivable 568,980 518,098
Other current assets 2,064 30,942
Total current assets 16,400,629 11,549,366
Furniture and equipment, net 39,142 54,487
Intangible assets, net 76,250 99,375
Right-of-use asset 63,284
Other assets 17,218 17,218
Total Assets 16,596,523 11,720,446
Current liabilities    
Accounts payable 501,430 353,328
Accrued expenses 225,472 177,074
Payroll liabilities 769,727 935,070
Stock-based compensation liability 1,410,025
Lease liability 49,266
Other current liabilities 18,415 39,939
Total current liabilities 1,564,310 2,915,436
Long term liabilities    
Lease liability long term 14,018
Total Liabilities 1,578,328 2,915,436
Commitments and contingencies (note 11)
Stockholders' equity    
Preferred stock - $0.001 par value; 10,000,000 shares authorized; 671 and 2,379 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively 1 2
Additional paid-in capital- Series B convertible preferred stock 670,999 2,378,997
Common stock - $0.18 par value; 175,000,000 shares authorized, and 9,130,984 and 5,846,552 shares issued and outstanding, as of September 30, 2019 and December 31, 2018, respectively 1,643,565 1,052,372
Additional paid-in capital 104,156,643 82,204,902
Accumulated deficit (91,453,013) (76,831,263)
Total Stockholders' Equity 15,018,195 8,805,010
Total Liabilities and Stockholders' Equity $ 16,596,523 $ 11,720,446