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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Total revenue   $ 266,974 $ 83,177 $ 696,527
Operating costs and expenses        
Research and development $ 1,790,528 1,974,193 7,200,987 4,623,811
Research and Development - Milestone expense for Patagonia Pharmaceuticals LLC     4,000,000  
Selling, general and administrative 1,336,668 1,296,641 4,551,406 3,918,042
Total operating expenses 3,127,196 3,270,834 15,752,393 8,541,853
Loss from operations (3,127,196) (3,003,860) (15,669,216) (7,845,326)
Other income (expense)        
Interest expense (71,203)   (167,531)  
Other income     75,000  
Forgiveness of PPP loan     37,772  
(Loss) gain on foreign currency exchange 11,124 (1,544) (32,690) (541)
Total other income (expense) (60,079) (1,544) (87,449) (541)
Net loss (3,187,275) (3,005,404) (15,756,665) (7,845,867)
Dividends on Series A preferred stock   (36,685)   (108,858)
Net loss attributable to common stockholders $ (3,187,275) $ (3,042,089) $ (15,756,665) $ (7,954,725)
Basic net loss per share attributable to common stockholders $ (1.52) $ (4.15) $ (10.16) $ (11.09)
Diluted net loss per share attributable to common stockholders $ (1.52) $ (4.15) $ (10.16) $ (11.09)
Basic weighted average number of shares outstanding 2,095,091 733,194 1,550,326 717,476
Diluted weighted average number of shares outstanding 2,095,091 733,194 1,550,326 717,476
Grant revenue        
Total revenue   $ 225,128 $ 83,177 $ 400,789
Milestone revenue        
Total revenue   $ 41,846   $ 295,738