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Condensed Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 18,466,322 $ 22,863,520
Deferred clinical supply costs 3,352,645 2,284,931
License fee and expense reimbursements receivable 973,677 1,183,786
Security deposits, current 119,550 119,550
Prepaid expenses and other current assets 2,011,884 1,190,719
Total Current Assets 24,924,078 27,642,506
Property and equipment, net 2,152,861 1,295,115
Security deposits, non-current 80,874 80,874
Operating lease right-of-use asset 1,508,158 1,291,592
Equipment deposits 643,513 726,326
Total Assets 29,309,484 31,036,413
Current Liabilities:    
Accounts payable 1,402,076 1,428,283
Accrued compensation 637,189 1,747,191
Accrued expenses and other current liabilities 460,143 503,076
Operating lease liabilities - current portion 472,901 484,882
Notes payable - current portion, net of debt discount of $123,480 and $33,885 as of March 31, 2023 and December 31, 2022, respectively 1,218,963 174,448
Convertible notes payable - current portion, net of debt discount of $123,480 and $33,885 as of March 31, 2023 and December 31, 2022, respectively 709,853 174,448
Total Current Liabilities 4,901,125 4,512,328
Lease liabilities - non-current portion 1,133,948 907,644
Notes payable - non-current portion, net of debt discount of $648,889 and $813,229 as of March 31, 2023 and December 31, 2022, respectively 3,730,278 4,190,938
Convertible notes payable - non-current portion, net of debt discount of $648,889 and $813,229 as of March 31, 2023 and December 31, 2022, respectively 3,730,278 4,190,938
Total Liabilities 13,495,629 13,801,848
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $0.0001 par value, 6,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2023 and December 31, 2022
Common stock, $0.0001 par value, 90,000,000 shares authorized; 37,991,746 and 36,668,980 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 3,799 3,667
Additional paid-in capital 139,779,885 135,461,361
Accumulated deficit (123,969,829) (118,230,463)
Total Stockholders' Equity 15,813,855 17,234,565
Total Liabilities and Stockholders' Equity $ 29,309,484 $ 31,036,413