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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 39,553,671 $ 12,581,136
Restricted cash 110,000 110,000
Prepaid expenses 1,813,902 862,344
Research and development tax rebate receivable 634,940 739,656
Other current assets 657,662 26,130
Total current assets 42,770,175 14,319,266
Furniture and equipment, net 20,632 34,350
Intangible assets, net 13,375 68,542
Right-of-use asset 18,053 50,479
Other assets 17,218 17,218
Total Assets 42,839,453 14,489,855
Current liabilities    
Accounts payable 1,588,613 293,171
Accrued expenses 93,367 77,888
Payroll liabilities 963,665 899,420
Common stock warrant liability 13,003,075
Lease liability 18,053 39,371
Other current liabilities 4,748 12,892
Total current liabilities 15,671,521 1,322,742
Long term liabilities    
Lease liability long term 11,108
Total Liabilities 15,671,521 1,333,850
Commitments and contingencies (Note 13)
Stockholders' equity    
Preferred stock - $0.001 par value; 10,000,000 shares authorized; 621 and 671 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively 1 1
Common stock - $0.18 par value; 175,000,000 shares authorized; 47,548,835 and 9,130,984 shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively 8,558,778 1,643,565
Additional paid-in capital 129,887,146 104,912,480
Accumulated deficit (111,898,992) (94,071,040)
Total Stockholders' Equity 27,167,932 13,156,005
Total Liabilities and Stockholders' Equity 42,839,453 14,489,855
Series B Preferred Stock [Member]    
Stockholders' equity    
Additional paid-in capital - Series B convertible preferred stock $ 620,999 $ 670,999