XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 6,718,213 $ 39,132,165
Marketable securities 21,742,040
Assets held for sale 148,400
Prepaid expenses and other current assets 1,133,392 1,106,653
Total current assets 29,593,645 40,387,218
Non-current assets:    
Property and equipment, net 2,340 3,800
Right-of-use asset 102,254 169,088
Other assets 754,728 16,477
Total non-current assets 859,322 189,365
Total assets 30,452,967 40,576,583
Current liabilities:    
Accounts payable and other current liabilities 2,782,084 4,507,676
Operating lease liability, current portion 98,625 96,465
Total current liabilities 2,880,709 4,604,141
Non-current liabilities:    
Operating lease liability, net of current portion 4,949 72,862
Total non-current liabilities 4,949 72,862
Total liabilities 2,885,658 4,677,003
Commitments and contingent liabilities (Note 8)
Stockholders’ equity:    
Common stock: $0.01 par value, 200,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 8,258,597 shares issued and outstanding as of September 30, 2022 and December 31, 2021 82,586 82,586
Additional paid in capital 53,807,500 51,487,881
Accumulated deficit (26,337,908) (15,670,887)
Accumulated other comprehensive income 15,131
Total stockholders’ equity 27,567,309 35,899,580
Total liabilities and stockholders’ equity $ 30,452,967 $ 40,576,583