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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 9,105,950 $ 12,581,136
Restricted cash 110,000 110,000
Prepaid expenses 1,484,251 862,344
Research and development tax rebate receivable 439,205 739,656
Other current assets 178,911 26,130
Total current assets 11,318,317 14,319,266
Furniture and equipment, net 25,429 34,350
Intangible assets, net 45,417 68,542
Right-of-use asset 31,279 50,479
Other assets 17,218 17,218
Total Assets 11,437,660 14,489,855
Current liabilities    
Accounts payable 682,612 293,171
Accrued expenses 85,173 77,888
Payroll liabilities 752,847 899,420
Lease liability 30,063 39,371
Other current liabilities 14,671 12,892
Total current liabilities 1,565,366 1,322,742
Long term liabilities    
Lease liability long term 1,217 11,108
Total Liabilities 1,566,583 1,333,850
Commitments and contingencies (Note 12)
Stockholders' equity    
Preferred stock - $0.001 par value; 10,000,000 shares authorized; 623 and 671 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 1 1
Common stock - $0.18 par value; 175,000,000 shares authorized; 10,464,250 and 9,130,984 shares issued and outstanding as of September 30, 2020 and December 31, 2019, respectively 1,883,553 1,643,565
Additional paid-in capital 111,780,197 104,912,480
Accumulated deficit (104,415,673) (94,071,040)
Total Stockholders' Equity 9,871,077 13,156,005
Total Liabilities and Stockholders' Equity 11,437,660 14,489,855
Series B Preferred Stock [Member]    
Stockholders' equity    
Additional paid-in capital - Series B convertible preferred stock $ 622,999 $ 670,999