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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 56,560,517 $ 73,820,160
Prepaid expenses and other 2,494,558 2,660,230
Total current assets 59,055,075 76,480,390
Property and equipment, net 134,132 0
Financing lease right-to-use assets 200,873 374,888
Operating lease right-to-use asset 0 152,645
Total assets 59,390,080 77,007,923
Current liabilities:    
Accounts payable 6,982,824 1,219,287
Accrued expenses 2,424,692 8,313,708
Notes payable - short term 4,166,667 0
Financing lease obligation - short term 55,794 56,612
Operating lease obligation - short term 0 231,429
Total current liabilities 13,629,977 9,821,036
Noncurrent liabilities:    
Notes payable, net of debt discount 19,506,183 23,020,844
Financing lease obligation-long term 122,973 164,013
Operating lease obligation-long term 0 0
Total liabilities 33,259,133 33,005,893
STOCKHOLDERS' EQUITY    
Common stock, $0.00033 par value, 75,000,000 shares authorized at December 31, 2023 and December 31, 2022, 33,094,521 shares and 30,170,317 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 10,921 9,956
Additional paid-in capital 170,620,641 145,550,491
Accumulated deficit (144,500,615) (101,558,417)
Total stockholders' equity 26,130,947 44,002,030
Total liabilities and stockholders' equity $ 59,390,080 $ 77,007,923