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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Current assets    
Cash and equivalents $ 139,721 $ 708,382
Prepaid insurance and other current assets 33,784 38,191
Total current assets 173,505 746,573
Other assets    
Equipment & furnishings, net 18,576 21,808
Total other assets 18,576 21,808
Total assets 192,081 768,381
Current liabilities    
Accounts payable and accrued expenses 92,566 66,319
Accrued dividends 27,361 27,361
Loan payable - insurance financing 33,184 33,191
Total current liabilities 153,111 126,871
Total liabilities 153,111 126,871
Stockholders' equity    
Series A Preferred stock, $0.01 par value, 20,000 shares authorized, 500 issued at December 31, 2018 and 2017 5 5
Common stock, $0.01 par value, 50,000,000 shares authorized, 2,610,568 issued at December 31, 2018 and 2017 26,105 26,105
Additional paid-in capital 111,861,799 111,861,799
Accumulated deficit (111,848,939) (111,246,399)
Total stockholders' equity 38,970 641,510
Total liabilities and stockholders' equity $ 192,081 $ 768,381