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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Contract revenue $ 507,171 $ 946,982 $ 1,644,818 $ 2,647,417
Grant revenue 101,640 307,922 393,835 1,297,238
Total revenues 608,811 1,254,904 2,038,653 3,944,655
Cost of revenues (386,641) (965,453) (1,579,485) (2,980,191)
Gross profit 222,170 289,451 459,168 964,464
Operating expenses:        
Research and development 1,266,527 2,266,799 6,136,743 5,763,467
General and administrative 768,420 789,251 2,422,863 2,432,550
Research and development expense - milestone     5,000,000  
Total operating expenses 2,034,947 3,056,050 13,559,606 8,196,017
Loss from operations (1,812,777) (2,766,599) (13,100,438) (7,231,553)
Foreign currency transaction gain/(loss) (7,647) 8,809 (34,465) 11,479
Interest income 486 37,007 24,450 125,467
Research and development incentives 29,778   125,303  
Net loss before income taxes (1,790,160) (2,720,783) (12,985,150) (7,094,607)
Income tax benefit     836,893 610,676
Net loss applicable to common stockholders $ (1,790,160) $ (2,720,783) $ (12,148,257) $ (6,483,931)
Basic and diluted net loss per share (in Dollars per share) $ (0.06) $ (0.14) $ (0.45) $ (0.34)
Basic and diluted weighted average common shares outstanding (in Shares) 29,572,392 20,094,930 26,639,116 18,877,657