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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUE        
Revenue $ 3,971,438 $ 3,917,467 $ 8,878,315 $ 6,904,163
TOTAL REVENUE 3,971,438 3,917,467 8,878,315 6,904,163
OPERATING EXPENSES        
Research and development 12,504,769 8,817,389 23,605,782 16,478,908
General and administrative 3,057,888 2,847,337 7,129,654 6,357,222
TOTAL OPERATING EXPENSES 15,562,657 11,664,726 30,735,436 22,836,130
LOSS FROM OPERATIONS (11,591,219) (7,747,259) (21,857,121) (15,931,967)
OTHER INCOME (EXPENSE)        
Investment income 591,437 380,680 1,063,266 797,122
TOTAL OTHER INCOME (EXPENSE) 591,437 380,680 1,063,266 797,122
NET LOSS (10,999,782) (7,366,579) (20,793,855) (15,134,845)
OTHER COMPREHENSIVE INCOME (LOSS)        
Net unrealized gain (loss) on marketable securities (152,714) 84,707 (80,826) 74,449
COMPREHENSIVE LOSS $ (11,152,496) $ (7,281,872) $ (20,874,681) $ (15,060,396)
Net loss per share, basic (in dollars per share) $ (0.35) $ (0.29) $ (0.66) $ (0.60)
Net loss per share, diluted (in dollars per share) $ (0.35) $ (0.29) $ (0.66) $ (0.60)
Weighted-average number of shares basic (in shares) 31,841,964 25,335,342 31,598,296 25,291,591
Weighted-average number of shares diluted (in shares) 31,841,964 25,335,342 31,598,296 25,291,591