v3.20.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 720,131 $ 1,307,231
Prepaid expenses and other current assets 120,013 116,647
Total Current Assets 840,144 1,423,878
Property and equipment, net 329,664 344,027
Restricted Cash 810,055 810,055
Operating lease right-of-use assets, net 760,011 826,397
Security deposits and other assets 29,843 29,843
Total Assets 2,769,717 3,434,200
Current Liabilities:    
Accounts payable 1,397,806 1,221,189
Accrued expenses and other current liabilities 363,304 333,438
Deferred revenue - related party 33,000 33,000
Current portion of operating lease liabilities 258,813 288,685
Derivative liabilities 199,907
Total Current Liabilities 2,252,830 1,876,312
Long-term operating lease liabilities 531,510 567,948
Total Liabilities 2,784,340 2,444,260
Commitments and Contingencies
Stockholders' Equity (Deficiency):    
Preferred stock, par value $0.00001, 10,000,000 shares authorized: no shares issued or outstanding
Common stock, par value $0.00001, 50,000,000 shares authorized, 19,231,857 and 17,931,857 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively 192 179
Additional paid-in capital 57,332,868 57,177,686
Accumulated deficit (57,347,683) (56,187,925)
Total Stockholders' Equity (Deficiency) (14,623) 989,940
Total Liabilities and Stockholders' Equity (Deficiency) $ 2,769,717 $ 3,434,200

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