v3.8.0.1
Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets (Note 1):    
Cash and cash equivalents $ 13,139,722 $ 5,529,848
Short-term investments 7,506,761
Prepaid expenses and other current assets 295,059 219,991
Current assets of discontinued operations (Note 9) 11,532 486,890
Total current assets 13,446,313 13,743,490
Property and equipment, net (Note 3) 4,113 5,538
Investment in Coinsquare (Note 2) 3,000,000
Other long term assets, net (Note 4) 899,319 938,038
Noncurrent assets of discontinued operations (Note 9) 2,353,749
Total assets 17,349,745 17,040,815
Current liabilities:    
Accounts payable 248,820 253,817
Accrued compensation 4,659 1,520
Accrued expenses 122,990 304,675
Notes and other obligations, current portion (Note 5) 215,712 139,611
Deferred revenue, current portion (Note 8) 96,698 96,698
Current liabilities of discontinued operations (Note 9) 202,080 258,819
Total current liabilities 890,959 1,055,140
Deferred revenue, less current portion (Note 8) 992,792 1,065,316
Total liabilities 1,883,751 2,120,456
Commitments and contingencies (Notes 6, 8 and 10)
Stockholders' equity (Notes 6 and 7):    
Preferred Stock, no par value, 15,000,000 (2017) and 0 (2016) shares authorized; 2,000,000 (2017) and 0 (2016) shares designated as 2% Series A Convertible Stock, 19,194.72 shares issued and outstanding (2017) 4,798,671
Common stock, no par value, 170,000,000 (2017) and 60,000,000 (2016) shares authorized; shares issued and outstanding 5,447,792 (2017) and 4,503,971 (2016) 131,490,219 124,775,635
Accumulated deficit (120,822,896) (109,855,276)
Total stockholders' equity 15,465,994 14,920,359
Total liabilities and stockholders' equity $ 17,349,745 $ 17,040,815

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