Balance Sheets - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 5,602,807	$ 8,074,658
Prepaid expenses and other current assets	362,149	44,676
Total current assets	5,964,956	8,119,334
Total assets	5,964,956	8,119,334
Current liabilities:
Accounts payable	824,565	341,856
Accrued expenses	772,116	236,524
Total current liabilities	1,596,681	578,380
Total liabilities	1,596,681	578,380
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock - $0.0001 par value, 2,000,000 shares authorized, and 0 shares issued and outstanding
Common stock - $0.0001 par value, 35,000,000 shares authorized, and 6,947,120 and 6,891,608 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	695	689
Additional paid-in capital	21,806,328	21,779,340
Accumulated deficit	(17,438,748)	(14,239,075)
Total stockholders' equity	4,368,275	7,540,954
Total liabilities and stockholders' equity	$ 5,964,956	$ 8,119,334

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Includes accrued interest and obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits.

No definition available.