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Condensed Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 15,900,297 $ 5,761,568
Accounts receivable 10,000,000  
Prepaid expenses and other current assets 10,507,161 679,461
Total current assets 36,407,458 6,441,029
Property and equipment, net 120,769 130,081
Other assets:    
Goodwill 7,647,267 7,647,267
Other non-current assets 335,404 395,311
Total assets 44,510,898 14,613,688
Current liabilities:    
Accounts payable 428,925 1,672,109
Accrued expenses 2,226,425 3,781,101
Deferred collaboration funding 20,715,764  
Other current liabilities 10,664,321 692,336
Total current liabilities 34,035,435 6,145,546
Other non-current liabilities 65,818 243,808
Total liabilities 34,101,253 6,389,354
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; 14,310,244 and 13,233,137 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 1,431 1,324
Additional paid-in capital 111,057,347 107,358,971
Accumulated deficit (100,649,133) (99,135,961)
Total stockholders’ equity 10,409,645 8,224,334
Total liabilities and stockholders’ equity $ 44,510,898 $ 14,613,688