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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUE        
Revenue $ 6,185,814 $ 1,591,566 $ 13,089,977 $ 1,591,566
TOTAL REVENUE 6,185,814 1,591,566 13,089,977 1,591,566
OPERATING EXPENSES        
Research and development 10,028,964 5,504,356 26,507,872 15,585,143
General and administrative 3,021,450 2,564,960 9,378,672 7,637,461
TOTAL OPERATING EXPENSES 13,050,414 8,069,316 35,886,544 23,222,604
LOSS FROM OPERATIONS (6,864,600) (6,477,750) (22,796,567) (21,631,038)
OTHER INCOME (EXPENSE)        
Other income       190,582
Investment income 479,380 106,635 1,276,502 141,836
Loss on disposal of fixed assets (5,388)   (5,388) 0
TOTAL OTHER INCOME (EXPENSE) 473,992 106,635 1,271,114 332,418
NET LOSS (6,390,608) (6,371,115) (21,525,453) (21,298,620)
OTHER COMPREHENSIVE INCOME (LOSS)        
Net unrealized gain (loss) on marketable securities (66,485) 99,637 7,964 122,467
COMPREHENSIVE LOSS $ (6,457,093) $ (6,271,478) $ (21,517,489) $ (21,176,153)
Net loss per share, basic $ (0.25) $ (0.26) $ (0.85) $ (0.87)
Net loss per share, diluted $ (0.25) $ (0.26) $ (0.85) $ (0.87)
Weighted-average number of shares of common stock outstanding basic 25,817,676 24,431,787 25,468,880 24,346,775
Weighted-average number of shares of common stock outstanding diluted 25,817,676 24,431,787 25,468,880 24,346,775