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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 16,738,657 $ 15,196,322
Prepaid expenses 482,998 40,773
Lease right-of-use 18,084
Security deposits 3,109
Fixed assets (net of depreciation) 41,348 30,956
Total assets 17,284,196 15,268,051
Current liabilities    
Accounts payable 464,870 366,706
Accrued expenses 478,505 108,130
Lease liability 18,084
Dividends payable-preferred 117,454
Loans payable 218,371
Other current liabilities 3,385
Convertible promissory notes
Total liabilities 1,082,298 693,207
Stockholders’ equity (deficit)    
Common stock, $0.0001 par value, 250,000,000 shares authorized; 29,156,815 and 27,966,096 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 2,916 2,797
Preferred stock, $0.0001 par value, 1,550,000 shares Series A Convertible Preferred authorized; 1,545,459 and 0 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 154 0
Additional paid-in capital 67,396,618 47,744,803
APIC-Beneficial Conversion Feature in Equity 4,898,835 4,898,835
APIC-Stock Based Compensation 25,297,456 15,423,644
Subscription Receivable
Accumulated deficit (81,394,081) (53,495,235)
Total stockholders’ equity (deficit) 16,201,898 14,574,844
Total liabilities and stockholders’ equity (deficit) $ 17,284,196 $ 15,268,051