Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 11,446,717 $ 517,444
Marketable Securities 6,856,805 9,164,273
Trade Receivables, net 2,301 42,881
Inventories, net 198,985
Prepaid expenses 172,096 387,231
Total Current Assets 18,477,919 10,310,814
Non-Current Assets    
Prepaid Expenses 252,308
Restricted Cash 115,094 115,094
Property, Plant and Equipment, net 4,783 33,574
Operating Lease Right-of-Use Asset 79,942
Intangible Assets, net 170,423
Other Assets 2,722
Total Non-Current Assets 199,819 574,121
Total Assets 18,677,738 10,884,935
Current Liabilities    
Trade and Other Payables 2,625,572 1,529,765
Operating Lease Liability 80,018
Total Current Liabilities 2,705,590 1,529,765
Operating Lease Liability - non-current
Total Liabilities 2,705,590 1,529,765
Commitments and Contingencies
SHAREHOLDERS' EQUITY    
Preferred stock, value
Common stock, No par value, 100,000,000 shares authorized 6,125,039 and 1,738,837 issued and outstanding as of June 30, 2020 and December 31, 2019 142,330,116 128,920,414
Accumulated Other Comprehensive Income (Loss) (21,153) 17,886
Accumulated Deficit (126,749,797) (119,583,130)
Total Shareholders' Equity 15,972,148 9,355,170
Total Liabilities and Shareholders' Equity 18,677,738 10,884,935
Series C Convertible Preferred Stock [Member]    
SHAREHOLDERS' EQUITY    
Preferred stock, value
Series D Convertible Preferred Stock [Member]    
SHAREHOLDERS' EQUITY    
Preferred stock, value 412,982
Total Shareholders' Equity $ 412,982