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Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 22,386,052 $ 41,792,830
Prepaid expenses and other current assets 1,471,453 1,997,904
Total current assets 23,857,505 43,790,734
Prepaid research and development expenses   603,737
Operating lease right-of-use asset 424,209 767,828
Other assets 137,105 154,176
Total assets 24,418,819 45,316,475
Current liabilities:    
Accounts payable 950,763 868,115
Accrued expenses 2,956,778 5,225,557
Lease liabilities 448,775 741,558
Total current liabilities 4,356,316 6,835,230
Lease liabilities, net of current portion   66,844
Total liabilities 4,356,316 6,902,074
Stockholders' equity:    
Preferred stock; $0.001 par value; 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2024 and December 31, 2023
Common stock; $0.001 par value; 150,000,000 shares authorized at June 30, 2024; 100,000,000 shares authorized at December 31, 2023; 64,483,958 shares issued and outstanding at June 30, 2024; 64,393,744 shares issued and outstanding at December 31, 2023 64,484 64,394
Additional paid-in capital 497,315,304 494,835,219
Accumulated deficit (477,317,285) (456,485,212)
Total stockholders' equity 20,062,503 38,414,401
Total liabilities and stockholders' equity $ 24,418,819 $ 45,316,475