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Condensed Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 6,280,656 $ 5,663,833
Prepaid expenses 336,432 581,706
Inventory 86,145  
Other current assets 11,551  
Total current assets 6,714,784 6,245,539
Operating lease right-of-use asset 36,115 138,538
Other assets   11,551
Total assets 6,750,899 6,395,628
Current Liabilities:    
Accounts payable and accrued expenses 765,603 1,033,383
Accrued compensation 715,423 843,162
Operating lease liability 36,115 138,538
Paycheck protection program loan 104,168  
Milestone payable 5,000,000  
Total current liabilities 6,621,309 2,015,083
Long-term Liabilities:    
Note payable 2,000,000  
Accrued interest payable 53,005  
Total long-term liabilities 2,053,005  
Total liabilities 8,674,314 2,015,083
Stockholders' equity:    
Common stock, $0.0001 par value; authorized shares - 50,000,000; issued and outstanding shares - 26,332,122 and 24,431,914 at September 30, 2020 and December 31, 2019, respectively 2,633 2,443
Additional paid-in capital 94,691,151 90,108,492
Accumulated deficit (96,617,199) (85,730,390)
Total stockholders' (deficit) equity (1,923,415) 4,380,545
Total liabilities and stockholders' (deficit) equity $ 6,750,899 $ 6,395,628