XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 112,861,504 $ 130,088,869
Prepaid expenses and other current assets 1,475,223 2,955,878
Total current assets 114,336,727 133,044,747
Property and equipment, net 43,906 41,639
Right of use lease asset 408,794 521,392
Other noncurrent assets 29,368 107
Total assets 114,818,795 133,607,885
Current liabilities:    
Accounts payable 5,443,126 2,176,852
Accrued expenses 8,827,860 6,642,553
Lease liability—current 241,527 242,329
Total current liabilities 14,512,513 9,061,734
Lease liability—noncurrent 185,926 302,621
Total liabilities 14,698,439 9,364,355
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.001 par value, 400,000,000 shares authorized, 21,186,827 and 21,022,752 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively. 21,187 21,023
Additional paid-in capital 228,597,264 226,284,548
Accumulated other comprehensive loss (12,201,648) (11,533,778)
Accumulated deficit (116,296,447) (90,528,263)
Total stockholders’ equity 100,120,356 124,243,530
Total liabilities and stockholders’ equity $ 114,818,795 $ 133,607,885