XML 47 R37.htm IDEA: XBRL DOCUMENT v3.23.3
SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Property, Plant and Equipment [Line Items]          
Restricted cash $ 669,900   $ 669,900   $ 669,900
Restricted cash, current 192,475   192,475   192,475
Restricted Cash, noncurrent 477,425   477,425   477,425
Cash and Cash Equivalents, at Carrying Value 11,248,806   11,248,806   17,002,715
Prepaid Expense and Other Assets, Current 2,280,255   2,280,255   791,616
Property, Plant and Equipment, Net 1,120,793   1,120,793   1,613,815
Unrecognized Tax Benefits 0   0   0
Research and Development Expense 6,550,496 $ 4,108,190 24,187,544 $ 9,894,068  
General and Administrative Expense 2,937,442 4,073,266 10,786,410 14,144,557  
Cash, cash equivalents and marketable debt securities 28,733,000   28,733,000    
Other income (expense), net $ 217,545 $ 77,712 $ 629,709 $ (324,322)  
Deferred Tax Assets [Member]          
Property, Plant and Equipment [Line Items]          
Valuation allowance     100.00%    
Computer Hardware and Software [Member]          
Property, Plant and Equipment [Line Items]          
Property and equipment, estimated useful life 3 years   3 years    
Office Furniture and Equipment [Member] | Minimum [Member]          
Property, Plant and Equipment [Line Items]          
Property and equipment, estimated useful life 3 years   3 years    
Office Furniture and Equipment [Member] | Maximum [Member]          
Property, Plant and Equipment [Line Items]          
Property and equipment, estimated useful life 5 years   5 years    
UNITED KINGDOM          
Property, Plant and Equipment [Line Items]          
Cash held in subsidiary $ 1,347,000   $ 1,347,000   2,805,000
Prepaid Expense and Other Assets, Current 1,192,000   1,192,000   136,000
Cash, cash equivalents and investments 1,347,000   1,347,000   $ 2,805,000
Letter of Credit [Member]          
Property, Plant and Equipment [Line Items]          
Restricted cash 669,900   669,900    
Restricted cash, current 192,475   192,475    
Restricted Cash, noncurrent $ 477,425   $ 477,425