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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUE        
Revenue $ 2,261,642 $ 6,185,814 $ 11,139,956 $ 13,089,977
TOTAL REVENUE 2,261,642 6,185,814 11,139,956 13,089,977
OPERATING EXPENSES        
Research and development 11,807,867 10,028,964 35,413,649 26,507,872
General and administrative 3,463,655 3,021,450 10,593,308 9,378,672
TOTAL OPERATING EXPENSES 15,271,522 13,050,414 46,006,957 35,886,544
LOSS FROM OPERATIONS (13,009,880) (6,864,600) (34,867,001) (22,796,567)
OTHER INCOME (EXPENSE)        
Investment income 453,152 479,380 1,516,418 1,276,502
Loss on disposal of fixed assets   (5,388)   (5,388)
TOTAL OTHER INCOME (EXPENSE) 453,152 473,992 1,516,418 1,271,114
NET LOSS (12,556,728) (6,390,608) (33,350,583) (21,525,453)
OTHER COMPREHENSIVE INCOME (LOSS)        
Net unrealized gain (loss) on marketable securities (58,766) (66,485) (139,592) 7,964
COMPREHENSIVE LOSS $ (12,615,494) $ (6,457,093) $ (33,490,175) $ (21,517,489)
Net loss per share, basic (in dollars per share) $ (0.38) $ (0.25) $ (1.04) $ (0.85)
Net loss per share, diluted (in dollars per share) $ (0.38) $ (0.25) $ (1.04) $ (0.85)
Weighted average number of shares, basic (in shares) 33,090,063 25,817,676 32,099,181 25,468,880
Weighted average number of shares, diluted (in shares) 33,090,063 25,817,676 32,099,181 25,468,880