Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 34,676,968	$ 11,423,870
Grant funds receivable		49,006
Total prepaid expenses	1,460,207	156,240
Total current assets	36,137,175	11,629,116
Property and equipment, net	248,983	156,938
Other assets	2,184,286	11,010
Total assets	38,570,444	11,797,064
Current liabilities:
Accounts payable	1,079,421	2,057,534
Accrued expenses	3,709,984	3,377,826
Total current liabilities	4,789,405	5,435,360
Other liabilities	2,000,000	2,000,000
Total liabilities	6,789,405	7,435,360
Commitments (Note 4)
Stockholders’ equity:
Common stock, $.001 par value: Authorized shares – 600,000,000 Issued and outstanding shares – 9,449,025 and 6,381,541 at March 31, 2022 and December 31, 2021, respectively	26,335	6,382
Additional paid-in capital	104,767,918	68,731,220
Accumulated deficit	(73,013,214)	(64,375,898)
Total stockholders’ equity	31,781,039	4,361,704
Total liabilities and stockholders’ equity	$ 38,570,444	$ 11,797,064

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).