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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 67,695,253 $ 71,430,954
Prepaid expenses and other current assets 1,135,900 577,992
Total current assets 68,831,153 72,008,946
Goodwill 9,600,240 9,600,240
In-process research and development 4,800,000 4,800,000
Property and equipment, net 53,002 57,565
Right-of-use asset 779,036 824,215
Other non-current assets 111,756 115,492
Total assets 84,175,187 87,406,458
Current liabilities:    
Accounts payable 665,249 402,740
Accrued liabilities and other current liabilities 2,147,047 2,298,203
Operating lease liability 163,945 131,965
Total current liabilities 2,976,241 2,832,908
Deferred tax liability 201,792 201,792
Other non-current liabilities 632,869 694,674
Total liabilities 3,810,902 3,729,374
Commitments and contingencies (Note 4)
Stockholders’ equity:    
Common stock, $0.001 par value; 100,000,000 shares authorized at March 31, 2022 and December 31, 2021; 49,043,246 and 49,043,246 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 49,043 49,043
Additional paid-in capital 476,869,065 476,788,012
Accumulated other comprehensive loss (106,312) (98,877)
Accumulated deficit (396,447,511) (393,061,094)
Total stockholders’ equity 80,364,285 83,677,084
Total liabilities and stockholders' equity $ 84,175,187 $ 87,406,458