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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Contract revenue   $ 292,461 $ 33,351 $ 1,137,647
Revenues $ 214,824 505,288 362,417 1,429,842
Cost of revenues (204,317) (363,339) (326,677) (1,192,844)
Gross profit 10,507 141,949 35,740 236,998
Operating expenses:        
Research and development 2,104,872 2,170,045 3,472,272 4,870,216
General and administrative 915,280 785,776 1,806,720 1,654,443
Research and development expense - milesetone       5,000,000
Total operating expenses 3,020,152 2,955,821 5,278,992 11,524,659
Loss from operations (3,009,645) (2,813,872) (5,243,252) (11,287,661)
Gain on forgiveness of PPP loan 421,584   421,584  
Foreign currency transaction gain/(loss) 17,330 (3,583) 44,583 (26,818)
Interest (expense)/income (214,750) 2,017 (428,255) 23,964
Research and development incentives 23,671 38,675 81,052 95,525
Net loss before income taxes (2,761,810) (2,776,763) (5,124,288) (11,194,990)
Income tax benefit 864,742   864,742 836,893
Net loss applicable to common stockholders $ (1,897,068) $ (2,776,763) $ (4,259,546) $ (10,358,097)
Basic and diluted net loss per share (in Dollars per share) $ (0.05) $ (0.10) $ (0.11) $ (0.41)
Basic and diluted weighted average common shares outstanding (in Shares) 40,074,275 26,901,781 38,455,210 25,153,350
Grant        
Revenues:        
Revenues $ 214,824 $ 212,827 $ 329,066 $ 292,195