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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 3,505,026 $ 6,805,889
Other receivables 166,713 31,037
Prepaid expenses 588,524 403,097
Total current assets 4,260,263 7,240,023
Property and equipment, net 8,245 9,396
Other non-current assets 751,347 577,968
Total assets 5,019,855 7,827,387
Current liabilities    
Accounts payable 325,618 459,705
Accrued expenses 690,829 631,351
Total current liabilities 1,016,447 1,091,056
Other liabilities 223,039 9,711
Total liabilities 1,239,486 1,100,767
Commitments and contingencies (Note 8)
Stockholders' equity    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; None issued and outstanding 0 0
Common stock, $0.0001 par value; 120,000,000 shares authorized; 11,422,161 shares issued and outstanding each period 1,143 1,143
Accumulated other comprehensive loss (89,107) (96,728)
Additional paid-in capital 35,889,940 35,791,972
Accumulated deficit (32,021,607) (28,969,767)
Total stockholders' equity 3,780,369 6,726,620
Total liabilities and stockholders' equity $ 5,019,855 $ 7,827,387