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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 33,794,672 $ 35,300,805
Receivable due from collaboration agreement 1,628,703
Research and development tax incentive receivable 966,646
Prepaid assets and other current assets 2,447,930 2,258,229
Total current assets 38,837,951 37,559,034
Property and equipment, net 1,859,860 1,102,808
Total assets 40,697,811 38,661,842
Current liabilities:    
Accounts payable 1,493,842 1,297,725
Accrued compensation 416,910
Deferred research grant revenue 50,000 24,315
Total liabilities 1,960,752 1,322,040
Commitments and contingencies (see Note 4)
Stockholders’ equity:    
Common stock; $0.001 par value, 45,000,000 shares authorized; 25,371,781 and 22,534,874 shares issued and outstanding as of December 31, 2021 and 2020, respectively 25,372 22,535
Additional paid-in capital 104,078,968 71,648,453
Accumulated other comprehensive loss (48,921) (51,538)
Accumulated deficit (65,318,360) (34,279,648)
Total stockholders’ equity 38,737,059 37,339,802
Total liabilities and stockholders’ equity $ 40,697,811 $ 38,661,842