v3.20.1
Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,544,526 $ 11,876,425
Restricted cash 200,000 200,000
Total cash 7,744,526 12,076,425
Prepaid expenses and other current assets 913,169 96,310
Total current assets 8,657,695 12,172,735
Property and equipment, net of accumulated depreciation 785,998 847,399
Intangible assets, net of accumulated amortization 98,289 97,556
Other assets 23,283 23,283
Total assets 9,565,265 13,140,973
Current liabilities:    
Accounts payable 988,721 1,338,262
Accrued and other current liabilities 861,081 1,525,019
Total current liabilities 1,849,802 2,863,281
Deferred rent 1,070 4,282
Total liabilities 1,850,872 2,867,563
Commitments and contingencies (Note 5)
Stockholders’ equity (deficit):    
Common stock 16,943 16,932
Additional paid-in capital 67,011,324 66,299,849
Accumulated deficit (59,313,874) (56,043,371)
Total stockholders’ equity 7,714,393 10,273,410
Total liabilities and stockholders’ equity $ 9,565,265 $ 13,140,973

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