Basis of Presentation and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Fair Value Measurement Specific to Assets or Liability

	Fair Value Measurements at Reporting Date Using
	Balances as of March 31, 2020		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents:
Money market funds	$	23,610,888	$	23,610,888	$	—	$	—
U.S. Treasuries	$	69,997,200	$	—	$	69,997,200	$	—

	Balances as of December 31, 2019		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and cash equivalents:
Money market funds	$	23,963,617	$	23,963,617	$	—	$	—
U.S. Treasuries	$	59,932,200	$	—	$	59,932,200	$	—
Short-term investments:
U.S. Treasuries	$	5,007,050	$	—	$	5,007,050	$	—

Basic and Dilutive Weighted Average Common Shares

The following table reconciles basic and diluted weighted average common shares:

	For the Three Months Ended March 31,
	2020		2019
Basic weighted average common shares outstanding		103,407,347		102,747,923
Effect of dilutive securities:
Unvested restricted stock units subject to vesting requirements issued to employees and non-employees		352,500		—
Common stock issuable upon the exercise of stock options		2,774,753		—
Diluted weighted average common shares outstanding		106,534,600		102,747,923