Balance Sheets - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 16,758,766	$ 28,377,693	$ 42,668,838
Prepaid expenses and other current assets	8,788,597	7,644,376	1,428,742
Total current assets	25,547,363	36,022,069	44,097,580
Total assets	25,547,363	36,022,069	44,097,580
Current liabilities:
Accounts payable	4,152,940	3,961,254	928,997
Accrued expenses	1,258,350	3,737,285	468,125
Total current liabilities	5,411,290	7,698,539	1,397,122
Total liabilities	5,411,290	7,698,539	1,397,122
Commitments and contingencies (Note 7)
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 8,216,678 and 8,163,923 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	822	816	816
Additional paid-in capital	83,927,206	82,377,488	76,659,912
Accumulated deficit	(63,791,955)	(54,054,774)	(33,960,270)
Total stockholders' equity	20,136,073	28,323,530	42,700,458	$ 44,494,964
Total liabilities and stockholders' equity	$ 25,547,363	$ 36,022,069	$ 44,097,580

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.