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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (20,793,855) $ (15,134,845)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 688,341 484,803
Stock-based compensation 5,418,205 3,813,496
Changes in lease liabilities (20,199) (12,904)
Changes in operating assets and liabilities:    
Receivables 10,002,018 0
Prepaid expenses and other current assets 158,558 336,057
Other assets (51,386) 0
Accounts payable and accrued expenses (80,307) 209,892
Deferred revenue (8,878,314) 5,095,837
Net cash used in operating activities (13,556,939) (5,207,664)
Cash flows from investing activities:    
Purchase of marketable securities (49,283,647) (52,863,856)
Proceeds from sales and maturities of marketable securities 55,222,000 56,800,000
Purchases of property and equipment (668,928) (483,563)
Payments for leasehold improvements (76,295) (202,995)
Net cash provided by investing activities 5,193,130 3,249,586
Cash flows from financing activities:    
Net proceeds from sale of common stock 4,276,093 2,130,395
Proceeds from exercise of stock awards 81,222 61,574
Net cash provided by financing activities 4,357,315 2,191,969
Net increase (decrease) in cash and cash equivalents (4,006,494) 233,891
Cash and cash equivalents balance at beginning of period 14,694,857 9,603,242
Cash and cash equivalents balance at end of period $ 10,688,363 9,837,133
Supplemental disclosures of cash flow information:    
Interest paid in cash   0
Income taxes paid in cash   $ 0