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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 71,707,505 $ 91,348,967
Prepaid expenses 7,826,469 6,102,801
Total current assets 79,533,974 97,451,768
Property and equipment, net 106,033 152,772
Right-of-use assets 168,782 303,689
In-process research and development 3,190,000 3,190,000
Goodwill 0 1,870,924
Other assets 567,537 583,326
Total assets 83,566,326 103,552,479
Current liabilities:    
Accounts payable 8,911,631 2,445,837
Accrued expenses 4,288,496 2,505,625
Operating lease liabilities, current 176,856 266,650
Short-term portion of contingent consideration 0 2,988,284
Total current liabilities 13,376,983 8,206,396
Contingent consideration 2,460,000 1,891,716
Deferred tax liability 409,022 409,022
Operating lease liabilities, non-current 0 50,342
Total liabilities 16,246,005 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 June 30, 2022 and December 31, 2021, respectively 7,623 7,623
Additional paid-in capital 225,988,816 224,787,547
Accumulated other comprehensive income (loss) (29,967) 0
Accumulated deficit (160,342,279) (133,501,295)
Total stockholders' equity 67,320,321 92,995,003
Total liabilities and stockholders' equity 83,566,326 103,552,479
Series A    
Stockholders' equity:    
Convertible preferred stock 855,808 855,808
Series C    
Stockholders' equity:    
Convertible preferred stock $ 840,320 $ 845,320