v3.20.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 5,952,893 $ 1,699,971
Accrued interest receivable 771
Prepaid expenses and other current assets 176,735 509,519
Total current assets 6,129,628 2,210,261
Other assets    
Right-of-use assets 65,646 93,032
Other assets 478,075 478,075
Total other assets 543,721 571,107
Property and equipment, net 14,192 15,656
Total Assets 6,687,541 2,797,024
Current liabilities    
Accounts payable 1,290,108 1,417,317
Accrued expenses 311,441 179,258
Lease liabilities 70,854 100,471
Total current liabilities 1,672,403 1,697,046
Stockholders' equity    
Common stock, $0.001 par value; 225,000,000 shares authorized, 45,713,863 and 19,108,331 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 45,714 19,108
Additional paid-in capital 86,729,960 79,885,078
Accumulated deficit (82,000,536) (80,333,164)
Total stockholders' equity 5,015,138 1,099,978
Total Liabilities and Stockholders' Equity 6,687,541 2,797,024
Series B Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, value 1,288,956
Total stockholders' equity 1,288,956
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred stock, value 240,000 240,000
Total stockholders' equity $ 240,000 $ 240,000

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