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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues:    
Research and development revenue $ 1,681,076 $ 1,295,451
Costs and expenses:    
Costs of research and development revenue 1,459,701 1,027,278
Research and development 3,087,597 2,101,628
Research and development - related party 868,720 1,215,536
General and administrative 5,519,922 4,522,676
Foreign currency exchange loss (gain), net 27,725 20,778
Total costs and expenses 10,963,665 8,887,896
Loss from operations (9,282,589) (7,592,445)
Interest income 984,930 894,532
Loss before income taxes (8,297,659) (6,697,913)
Provision for (benefit from) income taxes 10,306 (1,006,157)
Net loss $ (8,307,965) $ (5,691,756)
Basic and diluted net loss per common share (USD per share) $ (0.31) $ (0.21)
Basic and diluted weighted-average common shares outstanding (in shares) 27,003,695 27,673,300