v3.19.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash $ 3,813,679 $ 5,722,342
Investments 13,014,754 16,460,426
Prepaid expenses and other current assets 543,626 260,630
Total current assets 17,372,059 22,443,398
Property and equipment, net 463,050 520,740
Intangible assets, net 19,693 20,233
Other assets 56,793 56,793
Total assets 17,911,595 23,041,164
Current liabilities:    
Accounts payable 194,420 1,142,735
Accrued liabilities 548,119 351,813
Accrued payroll and other compensation 289,907 667,661
Total current liabilities 1,032,446 2,162,209
Notes payable, net of debt discount and offering costs of $766,238 and $986,163 as of June 30, 2019 and December 31, 2018, respectively 3,136,262 2,916,337
Total liabilities 4,168,708 5,078,546
Commitments and contingencies  
Stockholders' equity:    
Preferred stock, $0.001 par value, Authorized 5,000,000 shares; No shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively
Common stock, $0.001 par value, Authorized 75,000,000 shares; Issued and outstanding 42,861,422 shares as of June 30, 2019 and 42,578,208 as of December 31, 2018 42,861 42,578
Additional paid-in capital 59,627,205 57,868,593
Accumulated deficit (45,927,179) (39,948,553)
Total stockholders' equity 13,742,887 17,962,618
Total liabilities and stockholders' equity $ 17,911,595 $ 23,041,164

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