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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities:    
Net and comprehensive loss $ (14,176,441) $ (13,415,523)
Adjustments to reconcile net and comprehensive loss to net cash used in (provided by) operating activities:    
Depreciation 33,503 23,665
Stock-based compensation 1,226,346 1,957,478
Changes in operating assets and liabilities:    
Prepaid research and development contracts 386,344 (115,705)
Other current assets 351,376 108,760
Accounts payable and other current liabilities (2,045,456) (626,707)
Deferred revenue   18,666,667
Net cash (used in) provided by operating activities (14,224,328) 6,598,635
Investing activities:    
Purchase of furniture and equipment (232,672) (8,498)
Net cash used in investing activities (232,672) (8,498)
Financing activities:    
Proceeds from exercise of stock options   23,652
Proceeds from issuance of common stock   44,998,801
Cash paid in connection with the sale of common stock   (3,093,489)
Net cash provided by financing activities   41,928,964
Net (decrease) increase in cash and cash equivalents (14,457,000) 48,519,101
Cash and cash equivalents at beginning of year 62,614,010 20,264,109
Cash and cash equivalents, six months ended $ 48,157,010 $ 68,783,210