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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 9,837,133 $ 9,603,242
Marketable securities 27,956,325 31,818,020
Receivables 547,580 547,580
Prepaid expenses and other current assets 583,835 919,892
TOTAL CURRENT ASSETS 38,924,873 42,888,734
PROPERTY AND EQUIPMENT, net 4,789,786 4,588,030
OTHER ASSETS    
Lease right-of-use assets, net 2,028,367 2,349,974
Other assets 268,172 268,172
TOTAL ASSETS 46,011,198 50,094,910
CURRENT LIABILITIES    
Accounts payable and accrued expenses 5,115,182 4,834,683
Accounts payable and accrued expenses, related party 18,628 89,234
Lease liabilities, current 707,425 682,039
Deferred revenue, current 29,312,439 17,980,599
TOTAL CURRENT LIABILITIES 35,153,674 23,586,555
LONG-TERM LIABILITIES    
CIRM liability 3,376,259 3,376,259
Lease liabilities, net of current 1,518,173 1,878,070
Deferred revenue, net of current 3,231,929 9,467,932
TOTAL LONG-TERM LIABILITIES 8,126,361 14,722,261
TOTAL LIABILITIES 43,280,035 38,308,816
COMMITMENTS AND CONTINGENCIES (NOTE 6)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value, 5,000,000 shares authorized, none issued and outstanding
Common stock, $0.001 par value, 50,000,000 shares authorized, 25,764,312 and 25,241,402 shares issued and outstanding, respectively 25,764 25,241
Additional paid-in capital 154,740,362 148,735,420
Accumulated other comprehensive income 179,693 105,244
Accumulated deficit (152,214,656) (137,079,811)
TOTAL STOCKHOLDERS' EQUITY 2,731,163 11,786,094
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 46,011,198 $ 50,094,910