XML 16 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 183,876,453 $ 219,966,167
Prepaid and other current assets 148,373 413,095
Total current assets 184,024,826 220,379,262
Equipment, net 52,647 30,623
Right-of-use asset - operating lease 1,739,475  
Other assets 317,375 139,875
Total assets 186,134,323 220,549,760
Current liabilities:    
Accounts payable 13,504,022 10,943,325
Accrued expenses and other current liabilities 8,713,249 10,949,128
Operating lease liability, current portion 1,220,587  
Loan payable, current portion   2,602,292
Total current liabilities 23,437,858 24,494,745
Loan payable, long-term 48,321,848 17,332,626
Operating lease liability, long-term 581,708  
Total liabilities 72,341,414 41,827,371
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding at December 31, 2020 and December 31, 2019, respectively)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 37,374,088 and 36,933,217 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively) 3,737 3,693
Additional paid-in capital 392,585,265 354,614,189
Accumulated deficit (278,796,093) (175,895,493)
Total stockholders’ equity 113,792,909 178,722,389
Total liabilities and stockholders’ equity $ 186,134,323 $ 220,549,760