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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash $ 190,682,109 $ 219,966,167
Prepaid and other current assets 137,181 413,095
Total current assets 190,819,290 220,379,262
Equipment, net 30,422 30,623
Other assets 139,875 139,875
Total assets 190,989,587 220,549,760
Current liabilities:    
Accounts payable 9,363,225 10,943,325
Accrued expenses and other current liabilities 7,091,470 10,949,128
Loan payable, current portion 6,547,261 2,602,292
Total current liabilities 23,001,956 24,494,745
Loan payable, long-term 13,744,321 17,332,626
Total liabilities 36,746,277 41,827,371
Stockholders' equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding at March 31, 2020 and December 31, 2019, respectively)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 37,075,422 and 36,933,217 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively) 3,726 3,693
Additional paid-in capital 380,946,215 354,614,189
Accumulated deficit (226,706,631) (175,895,493)
Total stockholders' equity 154,243,310 178,722,389
Total liabilities and stockholders' equity $ 190,989,587 $ 220,549,760