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Condensed Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 2,370,963 $ 1,853,362
Accounts receivable (including amounts of related party of nil and $177,595 as of September 30, 2023 and December 31,2022, respectively) 162 201,546
Inventory, net 217,328 595,222
Other current assets 451,698 195,787
Total current assets 3,040,151 2,845,917
Intangible assets, net 29,422,937 32,806,738
Property and equipment, net 1,161,482 1,375,676
Other assets 235,215 80,683
Total assets 33,859,785 37,109,014
Contract liabilities 111,717 0
Convertible notes payable, related party 0 376,526
Other notes payable, related party 42,000 884,000
Accrued expenses and others current liabilities 665,768 1,212,386
Total current liabilities 819,485 2,472,912
Convertible notes payable - noncurrent (including amounts of related party of $2,000,000 and nil as of September 30, 2023 and December 31, 2022, respectively) 3,000,000 0
Senior secured convertible notes measured at fair value 2,000,000 0
Other notes payable, related party - noncurrent 270,000 0
Other long-term liabilities 89,333 8,096
Total liabilities 6,178,818 2,481,008
Stockholders' equity:    
Common stock, $0.01 par value; 300,000,000 shares authorized as of September 30, 2023 and December 31, 2022, 20,292,624 and 20,011,602 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 202,926 200,116
Additional paid-in capital 59,763,987 58,745,149
Accumulated deficit (31,961,654) (24,115,606)
Translation adjustment (324,292) (201,653)
Total stockholders' equity 27,680,967 34,628,006
Total liabilities and stockholders' equity $ 33,859,785 $ 37,109,014