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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Operating expenses:        
Research and development expenses $ 6,803,900 $ 6,448,528 $ 18,035,762 $ 20,297,066
General and administrative expenses 3,374,794 4,071,158 10,924,863 12,341,207
Total operating expenses 10,178,694 10,519,686 28,960,625 32,638,273
Loss from operations (10,178,694) (10,519,686) (28,960,625) (32,638,273)
Interest income (expenses), net        
Interest income 666,770 739,404 2,010,874 2,219,399
Interest expense (1,214,734) (1,068,887) (3,577,450) (3,031,129)
Interest income (expenses), net (547,964) (329,483) (1,566,576) (811,730)
Loss before income taxes (10,726,658) (10,849,169) (30,527,201) (33,450,003)
Benefit for income taxes 0 0 869,169 1,406,021
Net loss (10,726,658) (10,849,169) (29,658,032) (32,043,982)
Comprehensive loss $ (10,726,658) $ (10,849,169) $ (29,658,032) $ (32,043,982)
Per share information:        
Net loss per share, basic (in dollars per share) $ (0.29) $ (0.35) $ (0.82) $ (1.04)
Net loss per share, diluted (in dollars per share) $ (0.29) $ (0.35) $ (0.82) $ (1.04)
Weighted average common shares outstanding, basic (in shares) 36,806,592 30,910,520 36,107,900 30,715,458
Weighted average common shares outstanding, diluted (in shares) 36,806,592 30,910,520 36,107,900 30,715,458