XML 57 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Statement of Comprehensive Income [Abstract]    
Revenue $ 0 $ 316,952
Cost of revenue 0 158,122
Gross profit 0 158,830
Operating expenses    
Research and development 41,624,018 36,267,116
General and administrative 16,759,602 15,606,529
Amortization of intangible asset 29,267 30,053
Total operating expenses 58,412,887 51,903,698
Loss from operations (58,412,887) (51,744,868)
Other income (expense)    
Interest income 3,606,996 1,014,456
Other income, net 1,334,269 216,844
Net loss $ (53,471,622) $ (50,513,568)
Net loss per share attributable to common stockholders, basic (in dollars per share) $ (1.88) $ (1.91)
Net loss per share attributable to common stockholders, diluted (in dollars per share) $ (1.88) $ (1.91)
Weighted-average common shares outstanding, basic (in shares) 28,416,558 26,386,864
Weighted-average common shares outstanding, diluted (in shares) 28,416,558 26,386,864
Other comprehensive loss:    
Unrealized gain from marketable securities $ 29,342 $ 18,889
Comprehensive Loss $ (53,442,280) $ (50,494,679)