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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 52,876,271 $ 18,505,493
Prepaid expenses and other current assets 645,464 499,403
Investments   39,982,213
Total current assets 53,521,735 58,987,109
Goodwill 9,600,240 9,600,240
In-process research and development 4,800,000 4,800,000
Property and equipment, net 54,562 45,269
Right-of-use asset 669,314 629,495
Other non-current assets 72,791 92,792
Total assets 68,718,642 74,154,905
Current liabilities:    
Accounts payable 548,221 424,646
Accrued liabilities and other current liabilities 2,071,738 2,605,308
Operating lease liability 201,277 157,505
Total current liabilities 2,821,236 3,187,459
Deferred tax liability 201,792 201,792
Other non-current liabilities 519,685 523,619
Total liabilities 3,542,713 3,912,870
Commitments and contingencies (Note 4)
Stockholders’ equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized at June 30, 2023 and December 31, 2022; 49,046,246 and 49,046,246 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 49,046 49,046
Additional paid-in capital 478,167,424 477,438,451
Accumulated other comprehensive loss (121,040) (115,285)
Accumulated deficit (412,919,501) (407,130,177)
Total stockholders’ equity 65,175,929 70,242,035
Total liabilities and stockholders' equity $ 68,718,642 $ 74,154,905