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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:    
Net loss $ (21,427,964) $ (147,957,910)
Reconciliation of net loss to net cash used in operating activities:    
Depreciation and amortization 105,123  
Changes in fair value of warrant liabilities (18,000) 40,000
Stock-based compensation 5,356,972 16,350,592
Amortization on right-of-use assets 181,459  
Research and development - intellectual property acquired   116,044,886
Changes in operating assets and liabilities:    
Prepaid expenses and deposits (1,384,725) (90,567)
Interest receivable 51,988 (108,177)
Accounts payable and accrued expenses (963,967) 1,241,260
Lease liability (185,179)  
Net cash used in operating activities (18,284,293) (14,479,916)
Cash Flows from Investing Activities:    
Purchase of property and equipment (374,983) (147,668)
Net cash used in investing activities (374,983) (147,668)
Cash Flows from Financing Activities:    
Proceeds from issuance of common stock and warrants in private placement, net of offering costs   66,945,000
Proceeds from exercise of stock options 57,744 18,125
Proceeds from exercise of warrants, net of offering costs 758,733 4,353,628
Repurchase of common stock to pay for employee withholding taxes   71,710
Net cash provided by financing activities 816,477 71,245,043
Net (decrease) increase in cash (17,842,799) 56,617,459
Cash and cash equivalents at beginning of year 61,746,748 5,129,289
Cash and cash equivalents at end of year 43,903,949 61,746,748
Supplemental schedule of non-cash financing activities:    
Fair value of repriced warrants as inducement   727,513
Stock warrants cashless exercised $ 9 $ 280