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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 28,839,565 $ 12,161,739
Prepaid expenses and other 1,497,665 2,308,462
Total current assets 30,337,230 14,470,201
Property and equipment, net 5,443 21,051
Operating lease right-to-use asset 547,706 0
Total assets 30,890,379 14,491,252
Current liabilities:    
Accounts payable 1,415,224 1,197,720
Accrued expenses 1,735,322 1,097,640
Restructuring reserve 0 498,185
Operating lease obligation - short term 119,904 0
Total current liabilities 3,270,450 2,793,545
Noncurrent liability:    
Operating lease obligation - long term 490,353 0
Total liabilities 3,760,803 2,793,545
STOCKHOLDERS' EQUITY    
Common stock, $0.00033 par value, 75,000,000 shares authorized at December 31, 2020 and December 31, 2019, 22,261,619 shares and 5,281,237 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 7,346 1,742
Additional paid-in capital 70,907,315 40,633,670
Accumulated deficit (43,785,085) (28,937,705)
Total stockholders' equity 27,129,576 11,697,707
Total liabilities and stockholders' equity $ 30,890,379 $ 14,491,252