Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jul. 31, 2020
Oct. 31, 2019
Current assets:    
Cash and cash equivalents $ 5,928,007 $ 3,491,625
Short-term investments in certificates of deposit 3,140,000 2,350,000
Receivables 5,950 66,527
Prepaid expenses and other current assets 189,842 184,972
Total current assets 9,263,799 6,093,124
Property and equipment, net of accumulated depreciation of $95,015 200,569
Operating lease right-of-use asset 67,982
Other assets 30,000
Total assets 9,361,781 6,293,693
Current liabilities:    
Accounts payable 339,295 585,817
Accrued expenses 815,717 895,498
Operating lease liability 58,195
Total current liabilities 1,213,207 1,481,315
Operating lease liability, non-current 10,567
Total liabilities 1,223,774 1,481,315
Commitments and contingencies (Note 9)
Shareholders' equity:    
Preferred stock, value
Common stock, par value $.01 per share; 48,000,000 shares authorized; 23,653,754 and 20,331,754 shares issued and outstanding, respectively 236,537 203,317
Additional paid-in capital 197,993,060 186,849,299
Accumulated deficit (189,611,583) (181,817,263)
Total shareholders' equity 8,618,014 5,235,353
Noncontrolling interest (Note 1) (480,007) (422,975)
Total equity 8,138,007 4,812,378
Total liabilities and equity 9,361,781 6,293,693
Series A Convertible Preferred Stock [Member]    
Shareholders' equity:    
Preferred stock, value