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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 53,608,585 $ 37,851,388
Restricted deposit 0 75,000
Prepaid insurance 859,187 691,929
Other prepaid expenses and other current assets 2,010,838 308,658
Total current assets 56,478,610 38,926,975
Property and equipment, net 16,382 11,191
Right-of-use asset 179,205 214,767
Other assets 5,580 5,580
Total assets 56,679,777 39,158,513
Current liabilities:    
Accounts payable 1,316,381 1,487,948
Accrued expenses 5,911,454 5,290,181
Convertible note payable, net 0 14,216
Derivative liability 0 7,000
Accrued interest 0 488
Lease liability, current portion 53,185 48,629
Total current liabilities 7,281,020 6,848,462
Lease liability, net of current portion 127,460 167,938
Total liabilities 7,408,480 7,016,400
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock $0.0001 par value per share, 10,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2021 (unaudited) and December 31, 2020 0 0
Common stock $0.0001 par value per share, 550,000,000 and 350,000,000 shares authorized as of September 30, 2021 (unaudited) and December 31, 2020, respectively; 255,531,751 and 204,629,064 shares issued and outstanding as of September 30, 2021 (unaudited) and December 31, 2020, respectively 25,553 20,463
Additional paid-in capital 208,531,431 164,182,917
Accumulated deficit (159,285,687) (132,061,267)
Total stockholders’ equity 49,271,297 32,142,113
Total liabilities and stockholders’ equity $ 56,679,777 $ 39,158,513