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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues:    
Total revenues $ 824,268 $ 2,359,447
Cost of revenues (728,640) (1,820,949)
Gross Profit 95,628 538,498
Operating expenses:    
Research and development 8,389,387 9,796,167
General and administrative 4,847,126 4,328,838
Research and development expense - milestone   5,000,000
Total operating expenses 13,236,513 19,125,005
Loss from operations (13,140,885) (18,586,507)
Other (expense)/income:    
Gain on forgiveness of PPP loan 421,584  
Foreign currency transaction loss (39,361) (23,385)
Interest expense (862,577) (10,882)
Research and development incentives 174,770 95,359
Other income 30,754  
Total other (expense)/income (274,830) 61,092
Net loss before income taxes (13,415,715) (18,525,415)
Income tax benefit 864,742 836,893
Net loss applicable to common stockholders $ (12,550,973) $ (17,688,522)
Basic net loss per share (per share) $ (0.31) $ (0.64)
Diluted net loss per share (per share) $ (0.31) $ (0.64)
Basic weighted average common shares outstanding (in shares) 40,132,182 27,486,949
Diluted weighted average common shares outstanding (in shares) 40,132,182 27,486,949
Contract revenue    
Revenues:    
Total revenues $ 33,351 $ 1,930,533
Grant revenue    
Revenues:    
Total revenues $ 790,917 $ 428,914