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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 79,222,826 $ 91,348,967
Prepaid expenses 10,551,555 6,102,801
Total current assets 89,774,381 97,451,768
Property and equipment, net 131,001 152,772
Right-of-use assets 236,519 303,689
In-process research and development 3,190,000 3,190,000
Goodwill 1,870,924 1,870,924
Other assets 652,182 583,326
Total assets 95,855,007 103,552,479
Current liabilities:    
Accounts payable 2,383,294 2,445,837
Accrued expenses 3,629,269 2,505,625
Operating lease liabilities, current 247,340 266,650
Short-term portion of contingent consideration 0 2,988,284
Total current liabilities 6,259,903 8,206,396
Contingent consideration 2,550,000 1,891,716
Deferred tax liability 409,022 409,022
Operating lease liabilities, non-current 0 50,342
Total liabilities 9,218,925 10,557,476
Commitments and contingencies
Stockholders’ equity:    
Common stock—$0.0001 par value per share; 120,000,000 shares authorized, 76,229,617 and 76,225,254 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 7,623 7,623
Additional paid-in capital 225,354,165 224,787,547
Accumulated other comprehensive income 9,146 0
Accumulated deficit (140,430,980) (133,501,295)
Total stockholders’ equity 86,636,082 92,995,003
Total liabilities and stockholders’ equity 95,855,007 103,552,479
Series A    
Stockholders’ equity:    
Convertible preferred stock 855,808 855,808
Series C    
Stockholders’ equity:    
Convertible preferred stock $ 840,320 $ 845,320