XML 23 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 13,656,091 $ 14,152,601
Prepaid expenses and other current assets 860,917 196,680
Total Current Assets 14,517,008 14,349,281
Property and equipment, net 273,739 230,538
Security deposit 117,800 117,800
Total Assets 14,908,547 14,697,619
Current Liabilities:    
Accounts payable 1,252,758 1,541,358
Accrued compensation 348,009 916,873
Accrued expenses and other current liabilities 513,963 453,430
Short term note payable 423,165  
Total Current Liabilities 2,537,895 2,911,661
Deferred rent 45,348 45,351
Total Liabilities 2,583,243 2,957,012
Commitments and contingencies (Note 6)
Stockholders' Equity:    
Preferred stock, $0.0001 par value, 6,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2020 and as of December 31, 2019 0 0
Common stock, $0.0001 par value, 90,000,000 shares authorized; 19,776,019 and 17,100,726 shares issued and outstanding as of March 31, 2020 and and December 31, 2019, respectively 1,977 1,710
Additional paid-in capital 75,445,289 69,409,949
Accumulated deficit (63,121,962) (57,671,052)
Total Stockholders' Equity 12,325,304 11,740,607
Total Liabilities and Stockholders' Equity $ 14,908,547 $ 14,697,619