Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation

 v2.3.0.11
Basis of Presentation
6 Months Ended
Jun. 30, 2011
Basis Of Presentation [Abstract]  
Basis Of Accounting [Text Block]
1. Basis of Presentation

The condensed consolidated financial statements of Lixte Biotechnology Holdings, Inc. and its wholly-owned subsidiary, Lixte Biotechnology, Inc. (the “Company”) at June 30, 2011, for the three months and six months ended June 30, 2011 and 2010, and for the period from August 9, 2005 (inception) to June 30, 2011 (cumulative), are unaudited. In the opinion of management, all adjustments (including normal recurring adjustments) have been made that are necessary to present fairly the financial position of the Company as of June 30, 2011, the results of its operations for the three months and six months ended June 30, 2011 and 2010, and for the period from August 9, 2005 (inception) to June 30, 2011 (cumulative), and its cash flows for the six months ended June 30, 2011 and 2010, and for the period from August 9, 2005 (inception) to June 30, 2011 (cumulative). Operating results for the interim periods presented are not necessarily indicative of the results to be expected for a full fiscal year. The condensed balance sheet at December 31, 2010 has been derived from the company's audited financial statements.

The statements and related notes have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been omitted pursuant to such rules and regulations. These financial statements should be read in conjunction with the financial statements and other information included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2010, as filed with the SEC.