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Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 14,152,601 $ 19,728,200
Prepaid expenses and other current assets 196,680 132,756
Total Current Assets 14,349,281 19,860,956
Property and equipment, net 230,538 36,738
Security deposit 117,800 117,800
Total Assets 14,697,619 20,015,494
Current Liabilities:    
Accounts payable 1,541,358 1,509,524
Accrued compensation 916,873 912,104
Accrued expenses and other current liabilities 453,430 677,213
Total Current Liabilities 2,911,661 3,098,841
Deferred rent 45,351 41,584
Total Liabilities 2,957,012 3,140,425
Stockholders' Equity:    
Preferred stock, $0.0001 par value, 6,000,000 shares authorized; 0 shares issued and outstanding as of December 31, 2019 and 2018 0 0
Common stock, $0.0001 par value, 90,000,000 shares authorized; 17,100,726 and 11,468,996 shares issued and outstanding as of December 31, 2019 and 2018, respectively 1,710 1,147
Additional paid-in capital 69,409,949 53,388,216
Accumulated deficit (57,671,052) (36,514,294)
Total Stockholders' Equity 11,740,607 16,875,069
Total Liabilities and Stockholders' Equity $ 14,697,619 $ 20,015,494