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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net loss $ (10,358,097) $ (3,763,148)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 35,448 22,992
Non-cash lease expenses 66,298 60,041
Share-based compensation 144,694 152,465
Issuance of common stock for milestone 5,000,000  
Issuance of common stock for services 59,000 114,557
Realized gain on sale of office furniture   (3,843)
Change in operating assets and liabilities:    
Contracts and grants receivable 684,048 (473,830)
Prepaid expenses and other current assets 434,877 7,504
Research and development incentives receivable 19,754  
Operating lease liability (67,004) (59,197)
Deferred revenue   69,976
Accounts payable and accrued expenses (136,035) 1,308,577
Accrued compensation (221,513) (244,466)
Total adjustments 6,019,567 954,776
Net cash used in operating activities (4,338,530) (2,808,372)
Investing activities:    
Purchases of office furniture and equipment (7,147)  
Proceeds from the sale of office furniture   5,500
Net cash provided by (used in) investing activities (7,147) 5,500
Financing activities:    
Proceeds from issuance of common stock pursuant to FBR At Market Sales Issuance Agreement 9,459,949 842,244
Costs associated with FBR At Market Sales Issuance Agreement (425,915) (29,291)
Proceeds from the exercise of warrants 685,384  
Financing lease principal repayments (3,664) (3,317)
Paycheck Protection Program loan 417,830  
Net cash provided by financing activities 10,133,584 809,636
Effect of foreign exchange rate on cash and cash equivalents (40,310) (4,192)
Net increase/(decrease) in cash and cash equivalents 5,747,597 (1,997,428)
Cash and cash equivalents at beginning of period 5,420,708 8,983,717
Cash and cash equivalents at end of period 11,168,305 6,986,289
Supplemental information:    
Cash paid for state income tax   5,000
Cash paid for lease liabilities:    
Operating lease 71,298 69,750
Financing lease 4,272 4,272
Non-cash investing and financing activities:    
Right-of-use assets and lease liabilities recognized on January 1, 2019   255,962
Deferred issuance cost included in accounts payable 85,657 18,537
Deferred issuance cost reclassified to additional-paid-in capital 85,266 7,679
Issuance of restricted common stock to vendor for website re-development   $ 46,500
Issuance of stock options, cash exercise price received December 2019 $ 1,882