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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 27,041,517 $ 44,867,846
Marketable securities 78,791,858 84,133,565
Prepaid expenses and other current assets 3,764,332 2,379,280
Total current assets 109,597,707 131,380,691
Long-term equity investments 17,625,620 5,622,547
Restricted cash 1,930,753 1,930,753
Right-of-use asset, net 13,894,376 14,922,669
Property and equipment, net 768,753 1,147,963
Other assets 209,574 261,191
Total assets 144,026,783 155,265,814
Current liabilities:    
Accounts payable 3,702,936 1,952,910
Accrued expenses 6,525,235 4,504,669
Current portion, lease liability 1,246,119 533,946
Total current liabilities 11,474,290 6,991,525
Long-term liabilities:    
Lease liability 14,755,606 16,001,725
Royalty monetization liability 30,000,000 0
Total liabilities 56,229,896 22,993,250
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; Series A convertible preferred stock, 10,000 shares designated, 1,250 shares issued and outstanding at December 31, 2023 and 2022 1 1
Common stock, $0.001 par value; 125,000,000 shares authorized; 70,691,992 and 70,466,885 shares issued and outstanding at December 31, 2023 and 2022, respectively 70,692 70,467
Additional paid-in-capital 365,590,993 357,770,825
Accumulated other comprehensive income (loss) 702 (42,187)
Accumulated deficit (277,865,501) (225,526,542)
Total stockholders' equity 87,796,887 132,272,564
Total liabilities and stockholders' equity $ 144,026,783 $ 155,265,814