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Condensed Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 5,880,861 $ 12,077,640
Prepaid expenses and other current assets 475,005 807,356
Total current assets 6,355,866 12,884,996
Property and equipment, net 158,555 193,974
Other assets:    
Goodwill 7,647,267 7,647,267
In-process research and development 118,600 118,600
Other non-current assets 510,941 620,674
Total assets 14,791,229 21,465,511
Current liabilities:    
Accounts payable 434,466 561,090
Accrued expenses 2,082,981 1,944,431
Other current liabilities 530,054 263,392
Total current liabilities 3,047,501 2,768,913
Other non-current liabilities 525,357 326,282
Total liabilities 3,572,858 3,095,195
Commitments and Contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; none issued and outstanding
Common stock, $0.0001 par value; authorized 150,000,000 shares; 10,612,731 and 10,095,176 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 1,062 1,010
Additional paid-in capital 98,187,329 94,619,818
Accumulated deficit (86,970,020) (76,250,512)
Total stockholders’ equity 11,218,371 18,370,316
Total liabilities and stockholders’ equity $ 14,791,229 $ 21,465,511