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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 39,316,911 $ 51,674,087
Other receivables 1,729,851 1,145,317
Prepaid expenses 6,770,426 2,476,612
Total current assets 47,817,188 55,296,016
Property and equipment, net 25,366 26,041
Other non-current assets 1,344,028 485,120
Total assets 49,186,582 55,807,177
Current liabilities    
Accounts payable 2,830,866 2,103,083
Accrued expenses 3,537,856 3,136,244
Deferred grant funding 9,731,363 10,542,983
Current portion of lease liabilities 294,474 270,546
Total current liabilities 16,394,559 16,052,856
Deferred license revenue 1,000,000 1,000,000
Lease liabilities long-term 913,113 0
Total liabilities 18,307,672 17,052,856
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; None issued and outstanding 0 0
Common stock, $0.0001 par value; 120,000,000 shares authorized; 83,944,119 shares issued and outstanding at March 31, 2022 and December 31, 2021 8,394 8,394
Accumulated other comprehensive loss (164,123) (154,973)
Additional paid-in capital 149,560,211 149,027,802
Accumulated deficit (118,525,572) (110,126,902)
Total stockholders' equity 30,878,910 38,754,321
Total liabilities and stockholders' equity $ 49,186,582 $ 55,807,177