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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 11,286,996 $ 14,694,857
Marketable securities 140,228,881 24,792,846
Receivables 10,368,489 10,371,993
Prepaid expenses and other current assets 1,500,901 995,776
TOTAL CURRENT ASSETS 163,385,267 50,855,472
PROPERTY AND EQUIPMENT, net 5,561,597 5,560,641
OTHER ASSETS    
Lease right-of-use assets, net 1,312,522 2,050,042
Other assets 221,700 268,172
TOTAL ASSETS 170,481,086 58,734,327
CURRENT LIABILITIES    
Accounts payable and accrued expenses 8,191,377 6,250,241
Lease liabilities, current 834,799 749,112
Deferred revenue, current 12,000,000 24,270,465
TOTAL CURRENT LIABILITIES 21,026,176 31,269,818
LONG-TERM LIABILITIES    
CIRM liability 3,376,259 3,376,259
Lease liabilities, net of current 616,315 1,486,783
TOTAL LONG-TERM LIABILITIES 3,992,574 4,863,042
TOTAL LIABILITIES 25,018,750 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, 45,582,288 and 31,148,320 shares issued and outstanding, respectively 45,582 31,148
Additional paid-in capital 344,224,338 181,701,859
Accumulated other comprehensive income 1,026,955 235,813
Accumulated deficit (199,834,539) (159,367,353)
TOTAL STOCKHOLDERS' EQUITY 145,462,336 22,601,467
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 170,481,086 $ 58,734,327