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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities    
Net loss $ (7,799,529) $ (8,338,807)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 85,855 159,040
Stock-based compensation 1,139,247 131,732
Gain on disposal of asset (31,356)
Gain on forgiveness of Paycheck Protection Program Notes (1,602,936)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (476,452) 33,774
Accounts payable 39,255 (43,335)
Accrued expenses and other current liabilities 3,496 137,535
Net cash used in operating activities (8,642,419) (7,920,061)
Cash flows from investing activities    
Purchase of property and equipment (62,204)
Disposal of assets 42,189
Net cash used in investing activities (20,015)
Cash flows from financing activities    
Proceeds from issuance of common stock upon initial public offering, net of offering costs 23,295,890
Proceeds from Paycheck Protection Program Notes 892,115 695,078
Proceeds from exercise of stock options 14,220 623
Net cash provided by financing activities 24,202,225 695,701
Net increase/(decrease) in cash and cash equivalents and restricted cash 15,539,791 (7,224,360)
Cash and cash equivalents and restricted cash, beginning of year 6,456,190 13,680,550
Cash and cash equivalents and restricted cash, end of year 21,995,981 6,456,190
Supplemental disclosure of cash flow:    
Cash paid during the year for taxes 16,719 $ 10,813
Supplemental disclosure of non-cash financing activities:    
The Company’s Paycheck Protection Program Note was forgiven by the SBA in the amount of $1,602,936.