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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Licensing revenue $ 125,000 $ 250,000
Operating expenses:        
Research and development 3,134,399 3,226,295 5,754,204 6,321,715
General and administrative 2,339,886 2,876,976 5,404,531 5,748,533
Total operating expenses 5,474,285 6,103,271 11,158,735 12,070,248
Loss from operations (5,474,285) (5,978,271) (11,158,735) (11,820,248)
Other (expense) income:        
Investment income 281,673 40,355 534,743 52,459
Interest expense (37,095) (105,024) (197,080) (4,751,281)
Loss on extinguishment of debt (329,158) (329,158)
Other income 3 1,801
Total other (expense) income, net (84,580) (64,666) 8,505 (4,697,021)
Net loss $ (5,558,865) $ (6,042,937) $ (11,150,230) $ (16,517,269)
Net loss per common share, Basic $ (0.61) $ (0.87) $ (1.28) $ (2.59)
Net loss per common share, Diluted $ (0.61) $ (0.87) $ (1.28) $ (2.59)
Weighted average shares outstanding, Basic 9,136,573 6,981,970 8,711,389 6,372,908
Weighted average shares outstanding, Diluted 9,136,573 6,981,970 8,711,389 6,372,908