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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,698,599 $ 5,395,905
Short-term investments 99,568,502 142,926,781
Other receivables 512,432
Prepaid expenses 2,834,037 4,035,186
Total current assets 109,101,138 152,870,304
Other assets 47,715 34,875
Total assets 109,148,853 152,905,179
Commitments and Contingencies (See Note 6)
Current liabilities:    
Accounts payable 2,856,752 5,261,936
Accrued expenses 5,565,466 7,206,941
Total current liabilities 8,422,218 12,468,877
Stockholders’ Equity:    
Class A convertible preferred stock, $0.001 par value, 3,500,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 150,000,000 shares authorized, 30,099,203 shares issued and outstanding 30,099 30,099
Additional paid-in capital 636,434,059 602,517,138
Accumulated deficit (535,737,523) (462,110,935)
Total stockholders’ equity 100,726,635 140,436,302
Total liabilities and stockholders’ equity $ 109,148,853 $ 152,905,179