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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 12,710,762 $ 5,761,568
Collaboration receivable 5,000,000  
Prepaid expenses 1,094,229 510,635
Other current assets 9,283,625 168,826
Total current assets 28,088,616 6,441,029
Property and equipment, net 114,112 130,081
Other assets:    
Goodwill 7,647,267 7,647,267
Other non-current assets 406,956 395,311
Total assets 36,256,951 14,613,688
Current liabilities:    
Accounts payable 1,405,734 1,672,109
Accrued expenses 2,428,193 3,781,101
Deferred collaboration funding, current 15,825,938  
Other current liabilities 9,450,085 692,336
Total current liabilities 29,109,950 6,145,546
Deferred collaboration funding, non-current 8,661,109  
Other non-current liabilities 209,497 243,808
Total liabilities 37,980,556 6,389,354
Commitments and Contingencies (Note 6)
Stockholders’ (deficit) 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 December 31, 2021 and 2020, respectively 1,431 1,324
Additional paid-in capital 112,784,918 107,358,971
Accumulated deficit (114,509,954) (99,135,961)
Total stockholders’ (deficit) equity (1,723,605) 8,224,334
Total liabilities and stockholders’ (deficit) equity $ 36,256,951 $ 14,613,688