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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating expenses:    
Research and development expenses $ 27,762,784 $ 29,431,027
General and administrative expenses 15,282,450 12,241,394
Total operating expenses 43,045,234 41,672,421
Loss from operations (43,045,234) (41,672,421)
Interest income (expense), net    
Interest income 2,902,939 935,180
Interest expense (4,205,922) (1,316,519)
Interest income (expense), net (1,302,983) (381,339)
Loss before income taxes (44,348,217) (42,053,760)
Benefit from income taxes 1,406,019 1,198,905
Net loss (42,942,198) (40,854,855)
Comprehensive loss $ (42,942,198) $ (40,854,855)
Per share information:    
Net loss per share, basic (in dollars per share) $ (1.39) $ (1.43)
Net loss per share, diluted (in dollars per share) $ (1.39) $ (1.43)
Weighted average common shares outstanding, basic (in shares) 30,952,060 28,599,221
Weighted average common shares outstanding, diluted (in shares) 30,952,060 28,599,221