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Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 164,660,132 $ 183,876,453
Prepaid and other current assets 375,306 148,373
Total current assets 165,035,438 184,024,826
Equipment, net 74,316 52,647
Right-of-use asset - operating lease 1,476,711 1,739,475
Other assets 317,375 317,375
Total assets 166,903,840 186,134,323
Current liabilities:    
Accounts payable 14,621,717 13,504,022
Accrued expenses and other current liabilities 5,864,526 8,713,249
Operating lease liability, current portion 1,196,539 1,220,587
Total current liabilities 21,682,782 23,437,858
Loan payable, long-term 48,597,943 48,321,848
Operating lease liability, long-term 329,916 581,708
Total liabilities 70,610,641 72,341,414
Stockholders’ equity:    
Preferred stock, $0.0001 par value per share (10,000,000 shares authorized, none issued and outstanding at March 31, 2021 and December 31, 2020, respectively)
Common stock, $0.0001 par value per share (150,000,000 shares authorized, 37,563,882 and 37,374,088 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively) 3,756 3,737
Additional paid-in capital 404,345,506 392,585,265
Accumulated deficit (308,056,063) (278,796,093)
Total stockholders’ equity 96,293,199 113,792,909
Total liabilities and stockholders’ equity $ 166,903,840 $ 186,134,323