|6 Months Ended|
Jun. 30, 2016
|Accounting Changes and Error Corrections [Abstract]|
|Accounting Changes and Error Corrections [Text Block]||
Note 2 Restatements
On November 14, 2016, the Company determined that there was an error in the accounting for the business combination of Moleculin, LLC. Following is a summary of the restatement changes made to the financial statements previously filed as of and for the three and six months ended June 30, 2016.
Balance sheet at June 30, 2016:
Income statement for the three months ended June 30, 2016:
Income statement for the six months ended June 30, 2016:
The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.
Reference 1: http://www.xbrl.org/2003/role/presentationRef