Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 587,000 $ 136,000
Prepaid expenses and other current assets 45,000 26,000
Total current assets 632,000 162,000
Property and equipment, net of accumulated depreciation of $43,000 and $32,000 at September 30, 2017 and December 31, 2016, respectively 55,000 17,000
Other assets 2,000 7,000
Total assets 689,000 186,000
Current liabilities:    
Accounts payable-license agreements 815,000 805,000
Accounts payable and accrued expenses 800,000 251,000
Accrued expenses and accounts payable-related parties 40,000 135,000
Deposit and other current liabilities 0 5,000
Convertible debentures, net of discounts of $83,000 and $92,000 at September 30, 2017 and December 31, 2016, respectively 493,000 348,000
Total current liabilities 2,148,000 1,544,000
Stockholders' deficit    
Common stock, $.001 par value: 300,000,000 shares authorized, 233,348,905 and 199,045,026 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively 233,349 199,045
Additional paid-in capital 107,726,651 103,716,955
Accumulated deficit (109,419,000) (105,274,000)
Total stockholders' deficit (1,459,000) (1,358,000)
Total liabilities and stockholders' deficit $ 689,000 $ 186,000