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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING EXPENSES        
General and administrative (net of insurance reimbursement of $0 and $1,250,000 during the three and six months ended June 30, 2023 - See Note 5) $ 1,948,700 $ 2,645,618 $ 2,364,151 $ 4,428,031
Research and development 1,290,787 3,258,471 2,526,401 6,599,877
Total operating expenses 3,239,487 5,904,089 4,890,552 11,027,908
Loss from operations (3,239,487) (5,904,089) (4,890,552) (11,027,908)
OTHER INCOME        
Other income 126,720 19,374 257,251 6,191
Loss before tax provision (3,112,767) (5,884,715) (4,633,301) (11,021,717)
Income taxes
Net loss $ (3,112,767) $ (5,884,715) $ (4,633,301) $ (11,021,717)
Basic and diluted net loss per share (in Dollars per share) $ (0.27) $ (0.5) $ (0.4) $ (0.94)
Basic and diluted weighted average common stock outstanding (in Shares) 11,714,284 11,712,753 11,714,284 11,710,733