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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 9,603,242 $ 34,885,274
Marketable securities 31,818,020 0
Receivables 547,580 391,750
Prepaid expenses and other current assets 919,892 1,159,937
TOTAL CURRENT ASSETS 42,888,734 36,436,961
PROPERTY AND EQUIPMENT, net 4,588,030 1,795,696
OTHER ASSETS    
Lease right-of-use assets, net 2,349,974 2,821,944
Other assets 268,172 275,722
TOTAL ASSETS 50,094,910 41,330,323
CURRENT LIABILITIES    
Accounts payable and accrued expenses 4,834,683 3,116,371
Accounts payable and accrued expenses, related party 89,234 599,388
Lease liabilities, current 682,039 417,632
Deferred revenue, current 17,980,599 0
TOTAL CURRENT LIABILITIES 23,586,555 4,133,391
LONG-TERM LIABILITIES    
CIRM liability 3,376,259 3,376,259
Lease liabilities, net of current 1,878,070 2,452,707
Deferred revenue, net of current 9,467,932 0
TOTAL LONG-TERM LIABILITIES 14,722,261 5,828,966
TOTAL LIABILITIES 38,308,816 9,962,357
COMMITMENTS AND CONTINGENCIES (NOTE 7)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,241,402 and 24,185,001 shares issued and outstanding, respectively 25,241 24,185
Additional paid-in capital 148,735,420 139,404,060
Accumulated other comprehensive income 105,244 0
Accumulated deficit (137,079,811) (108,060,279)
TOTAL STOCKHOLDERS' EQUITY 11,786,094 31,367,966
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 50,094,910 $ 41,330,323