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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended 17 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Cash flows from operating activities:      
Net loss $ (18,482,143) $ (19,393,896)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Amortization of right-of-use assets   86,847  
Stock-based compensation expense 2,124,261 2,900,124  
Non-cash interest expense associated with the sale of future royalties 3,605,293 2,907,895 $ 9,932,614
Changes in operating assets and liabilities      
Prepaid expenses and other current assets 1,161,538 1,072,687  
Accounts payable (333,486) 598,083  
Accrued expenses and other current liabilities 923,460 781,016  
Operating lease liabilities, current   (94,941)  
Net cash used in operating activities (11,001,077) (11,142,185)  
Cash flows from financing activities:      
Fees paid in connection with the reverse stock split fractional shares (5)    
Proceeds from the sale of future royalties   60,000,000  
Net cash (used in) provided by financing activities (5) 60,000,000  
Net (decrease) increase in cash, cash equivalents and restricted cash (11,001,082) 48,857,815  
Cash, cash equivalents and restricted cash      
Beginning of period 60,855,080 25,456,952  
End of period 49,853,998 74,314,767 49,853,998
Reconciliation of the Condensed Consolidated Statements of Cash Flows to the Condensed Consolidated Balance Sheets      
Cash and cash equivalents 49,753,998 74,214,767 49,753,998
Restricted cash 100,000 100,000 100,000
Total cash, cash equivalents and restricted cash $ 49,853,998 $ 74,314,767 $ 49,853,998