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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating expenses:        
Research and development $ 1,673,163 $ 2,068,783 $ 4,002,976 $ 3,747,207
General and administrative 1,077,830 711,224 2,160,190 1,429,792
Total operating expenses 2,750,993 2,780,007 6,163,166 5,176,999
Loss from operations (2,750,993) (2,780,007) (6,163,166) (5,176,999)
Interest and other income, net 631 1,522 568,808 23,000
Net loss (2,750,362) (2,778,485) (5,594,358) (5,153,999)
Less: cumulative preferred dividends earned in the period (482,662) (279,786) (960,020) (559,573)
Net loss available for distribution to common stockholders $ (3,233,024) $ (3,058,271) $ (6,554,378) $ (5,713,572)
Net loss per share, basic and diluted $ (0.66) $ (0.65) $ (1.34) $ (1.21)
Weighted average shares outstanding, basic and diluted 4,921,121 4,725,083 4,880,496 4,721,313