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Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
[1]
Current assets    
Cash $ 14,804,000 $ 18,995,284
Prepaid expenses and other current assets 1,147,368 678,365
Total current assets 15,951,368 19,673,649
Total assets 15,951,368 19,673,649
Current liabilities    
Accounts payable and accrued expenses 1,646,770 1,094,590
Estimated litigation liability 2,000,000 2,000,000
Total current liabilities 3,646,770 3,094,590
Total liabilities 3,646,770 3,094,590
Commitments and contingencies
Stockholders’ equity    
Preferred stock, par value $0.00001, 10,000,000 shares authorized; no shares issued and outstanding as of both June 30, 2023 and December 31, 2022
Common stock, $0.00001 par value; 100,000,000 shares authorized, 11,714,284 shares issued and outstanding as of June 30, 2023 and December 31, 2022 117 117
Additional paid-in capital 61,292,409 60,933,569
Accumulated deficit (48,987,928) (44,354,627)
Total stockholders’ equity 12,304,598 16,579,059
Total liabilities and stockholders’ equity $ 15,951,368 $ 19,673,649
[1] Derived from audited financial statements