General form of registration statement for all companies including face-amount certificate companies

Unaudited Condensed Consolidated Balance Sheets

v3.19.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CURRENT ASSETS          
Cash and cash equivalents $ 4,005,089 $ 5,787,110 $ 9,724,248 $ 6,674,940 $ 15,194,949
Trade and other receivables 237,782 294,057   312,802  
Current portion of related party receivable, net of discount 63,938   58,784  
Prepaid expenses 295,406 363,288   402,273  
Total current assets 4,538,277 6,508,393   12,448,799  
Property and equipment, net 75,668 90,311   172,886  
Patents, net 738,404 763,543   883,462  
Related party receivable, net of discount and current portion 298,238   365,456  
Other assets 53,354 23,965   13,853  
Total assets 5,405,703 7,684,450   13,884,456  
CURRENT LIABILITIES          
Accounts payable and accrued expenses 1,083,143 832,564   875,065  
Other current liabilities 126,930 218,602   220,879  
Total current liabilities 1,210,073 1,051,166   1,514,569  
Warrant liabilities, at fair value 923,849 583,734   3,852,882  
Total liabilities 2,133,922 1,634,900   5,369,327  
Commitments and contingencies (Note 5)    
STOCKHOLDERS' EQUITY          
Preferred stock, 7,000,000 shares authorized, $0.01 par value; 1,000,000 shares issued and outstanding at both March 31, 2019 and December 31, 2018 10,000 10,000   10,000  
Common stock, $0.01 par value; 300,000,000 shares authorized, 910,253 shares issued and outstanding at both March 31, 2019 and December 31, 2018. 9,103 9,103   7,580  
Additional paid-in capital 219,992,719 219,654,753   217,194,194  
Accumulated other comprehensive income (2,156) (413)   2,631  
Accumulated deficit (216,737,885) (213,623,893)   (208,699,276)  
Total stockholders' equity 3,271,781 6,049,550 $ 6,607,111 8,515,129 $ 11,330,778
Total liabilities and stockholders' equity $ 5,405,703 $ 7,684,450   $ 13,884,456