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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 6,380,782 $ 8,538,270
Marketable equity securities, at fair value 1,914,785 1,892,837
Prepaid expenses 189,689 93,972
Note receivable - current 50,000 50,000
Total current assets 8,535,256 10,575,079
Investment in joint ventures at fair value 410,000 410,000
Total assets 8,945,256 10,985,079
Current liabilities    
Accounts payable 699,811 360,964
Accrued expenses 45,952 426,823
Accrued license fee - current portion 80,000 80,000
Total current liabilities 825,763 867,787
Accrued license fee - less current portion 235,000 235,000
Total liabilities 1,060,763 1,102,787
Commitments and contingencies
Stockholders’ equity    
Preferred stock value
Common stock, $0.0001 par value, 75,000,000 shares authorized, 23,975,098 and 23,974,546 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 2,398 2,398
Additional paid-in-capital 44,166,909 43,589,471
Accumulated deficit (36,298,670) (33,727,163)
Accumulated other comprehensive gain 13,856 17,586
Total stockholders’ equity 7,884,493 9,882,292
Total liabilities and stockholders’ equity 8,945,256 10,985,079
Series A Convertible Preferred Stock    
Stockholders’ equity    
Preferred stock value