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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 68,377,402 $ 14,694,857
Marketable securities 16,651,222 24,792,846
Receivables 409,682 10,371,993
Prepaid expenses and other current assets 385,065 995,776
TOTAL CURRENT ASSETS 85,823,371 50,855,472
PROPERTY AND EQUIPMENT, net 5,315,385 5,560,641
OTHER ASSETS    
Lease right-of-use assets, net 1,493,611 2,050,042
Other assets 319,246 268,172
TOTAL ASSETS 92,951,613 58,734,327
CURRENT LIABILITIES    
Accounts payable and accrued expenses 6,531,363 6,250,241
Lease liabilities, current 813,634 749,112
Deferred revenue, current 13,130,509 24,270,465
TOTAL CURRENT LIABILITIES 20,475,506 31,269,818
LONG-TERM LIABILITIES    
CIRM liability 3,376,259 3,376,259
Lease liabilities, net of current 834,889 1,486,783
TOTAL LONG-TERM LIABILITIES 4,211,148 4,863,042
TOTAL LIABILITIES 24,686,654 36,132,860
COMMITMENTS AND CONTINGENCIES (NOTE 6)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 100,000,000 and 50,000,000 shares authorized, 40,332,392 and 31,148,320 shares issued and outstanding, respectively 40,332 31,148
Additional paid-in capital 260,846,342 181,701,859
Accumulated other comprehensive income 96,221 235,813
Accumulated deficit (192,717,936) (159,367,353)
TOTAL STOCKHOLDERS' EQUITY 68,264,959 22,601,467
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 92,951,613 $ 58,734,327