Annual report pursuant to Section 13 and 15(d)

Statements of Operations

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Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Revenue $ 0 $ 0
Operating expenses:    
Research and development 4,631,000 4,679,000
Sales and marketing 1,023,000 189,000
Depreciation expense 292,000 217,000
General and administrative expenses 8,457,000 7,858,000
Write-down of intangible assets and equipment 291,000 0
Total operating expenses 14,694,000 12,943,000
Loss from operations (14,694,000) (12,943,000)
Other (expense) income:    
Interest expense 0 (823,000)
Other income 153,000 14,000
Total other expense 153,000 (809,000)
Loss before income taxes (14,541,000) (13,752,000)
Income tax expense 0 0
Net loss 14,541,000 13,752,000
Accrued dividends to Series A and Series B preferred stockholders 0 (160,000)
Net loss attributable to common stockholders $ (14,541,000) $ (13,912,000)
Net loss per common share, basic and diluted $ (0.77) $ (1.00)
Weighted average number of common shares outstanding, basic and diluted 18,955,861 13,841,884