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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,070,075 $ 1,374,992
Prepaid expenses and other current assets 191,783 628,745
Total current assets 2,261,858 2,003,737
Equipment and furnishings, net 6,711 18,546
Other assets 7,703 7,703
Operating lease right-of-use assets 31,610 216,786
Total assets 2,307,882 2,246,772
Current liabilities:    
Accounts payable 1,202,689 975,944
Accrued expenses and other current liabilities 964,233 1,015,501
Current portion of operating lease obligations 33,606 196,081
Total current liabilities 2,200,528 2,187,526
Operating lease liabilities, net of current portion 33,526
Total liabilities 2,200,528 2,221,052
Preferred Stock, Series C 10% Convertible, $1,000 par value, 0 and 2,752 shares issued and outstanding at December 31, 2023 and 2022, respectively 1,343,684
Commitments and contingencies
Stockholders’ equity (deficit):    
Preferred Stock, $0.01 par value, 833,333 shares authorized, including 50,000 shares of Series B Junior Participating Preferred Stock; no shares issued and outstanding at December 31, 2023 and 2022, respectively
Common stock, $0.001 par value, 62,393,940 shares authorized; 495,092 and 450,374 shares issued and outstanding at December 31, 2023 and 2022, respectively 495 450
Additional paid-in capital 488,612,890 487,519,251
Accumulated deficit (488,506,031) (488,837,665)
Total stockholders’ equity (deficit) 107,354 (1,317,964)
Total liabilities and stockholders’ equity (deficit) $ 2,307,882 $ 2,246,772