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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 66,215,678 $ 43,489,935
Investments, at fair value 1,220,987 0
Prepaid expenses and other 977,658 322,493
Total current assets 68,414,323 43,812,428
Property and equipment, net 1,617,053 1,046,514
Other assets 221,923 242,023
Intangible assets, net 17,457,631 0
Total assets 87,710,930 45,100,965
Current liabilities:    
Accounts payable 2,089,680 2,087,770
Payable to related parties 0 2,228,366
Accrued liabilities 544,803 745,961
Total current liabilities 2,634,483 5,062,097
Note payable, net of discount 1,499,108 1,498,754
Other liabilities 55,195 0
Total liabilities 4,188,786 6,560,851
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $1.00 par value: 5,000,000 shares authorized and 0 shares issued and outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock, $.01 par value: 170,0000,000 shares authorized at June 30, 2018 and December 31, 2017; 86,589,032 shares and 69,901,625 shares issued at June 30, 2018 and December 31, 2017, respectively 865,890 699,015
Common stock to be issued for 15,162 shares 56,858 0
Additional paid-in capital 552,093,693 498,577,372
Treasury stock, at cost: 79,545 shares held at June 30, 2018 and December 31, 2017 (8,034,244) (8,034,244)
Accumulated other comprehensive loss (539,642) 0
Accumulated deficit (460,920,411) (452,702,029)
Total stockholders' equity 83,522,144 38,540,114
Total liabilities and stockholders' equity $ 87,710,930 $ 45,100,965