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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities:    
Net loss $ (21,156,758) $ (17,253,108)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 15,343 19,129
Stock-based compensation 2,511,944 1,615,470
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (63,924) (95,607)
Accounts payable 31,834 1,263,140
Accrued compensation 4,769 912,104
Accrued expenses and other current liabilities (266,283) 503,950
Security deposit 0 (117,800)
Deferred rent 3,767 41,584
Net Cash Used In Operating Activities (18,919,308) (13,111,138)
Cash Flows From Investing Activities:    
Purchases of property and equipment (166,643) (27,907)
Net Cash Used In Investing Activities (166,643) (27,907)
Cash Flows From Financing Activities:    
Proceeds from sale of common stock in initial public offering [1] 0 25,089,000
Payment of initial public offering issuance costs 0 (345,497)
Proceeds from sale of common stock in follow-on public offering [2] 0 3,084,330
Payment of follow-on public offering issuance costs 0 (266,581)
Proceeds from sale of common stock in public offering [3] 13,214,949 0
Payment of public offering issuance costs (256,374) 0
Proceeds from exercise of stock options 551,777 56,482
Net Cash Provided By Financing Activities 13,510,352 27,617,734
Net (Decrease) Increase in Cash and Cash Equivalents (5,575,599) 14,478,689
Cash and Cash Equivalents - Beginning of Year 19,728,200 5,249,511
Cash and Cash Equivalents - End of Year 14,152,601 19,728,200
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Accrued purchases of leasehold improvements 42,500 0
Exercise of warrants on a cashless basis 0 6
Exercise of stock options on a cashless basis 24 0
Conversion of convertible preferred stock into common stock 0 470
Reversal of previously accrued initial public offering issuance costs 0 (133,000)
Reclassification to additional paid-in capital for initial public offering issuance costs that were previously paid $ 0 $ (195,700)
[1] [1] Includes gross proceeds of $27,300,000, less issuance costs of $2,211,000 deducted directly from the offering proceeds.
[2] [2] Includes gross proceeds of $3,381,000, less issuance costs of $296,670 deducted directly from the offering proceeds.
[3] [3] Includes gross proceeds of $14,030,001, less total issuance costs of $815,052 deducted directly from the offering proceeds.