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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 8,446,158 $ 13,359,615
Contracts and grants receivable   115,130
Unbilled revenue 171,254  
Research and development incentives receivable, current 23,894 104,198
Prepaid expenses and other current assets 866,014 274,209
Total current assets 9,507,320 13,853,152
Security deposit 22,777 22,777
Office furniture and equipment, net of accumulated depreciation of $121,320 and $114,766 11,927 18,481
Deferred issuance cost   20,206
Right-of-use lease assets 229,834 340,987
Research and development incentives receivable, net of current portion 25,468 24,114
Total assets 9,797,326 14,279,717
Current liabilities:    
Accounts payable 1,111,226 3,865,796
Accrued expenses 2,418,002 2,307,746
Accrued compensation 251,115 336,692
Lease liabilities, current 121,765 108,948
Convertible debt, net of debt discount of $0 and $102,309 2,250,000 9,897,691
Total current liabilities 6,152,108 16,516,873
Non-current liabilities:    
Convertible debt 1,010,934 0
Lease liabilities, net of current portion 111,862 233,627
Total liabilities 7,274,904 16,750,500
Commitments and contingencies (Note 10)
Series D preferred stock, $.001 par value; 0 and 50,000 shares authorized, none issued or outstanding as of December 31, 2023 and December 31, 2022, respectively   43
Shareholders' equity/(deficit):    
Preferred stock, 350,000 and 300,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; none issued or outstanding
Common stock, $.001 par value; 75,000,000 shares authorized; 10,378,238 and 2,908,578 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 10,378 2,909
Additional paid-in capital 228,193,977 217,064,964
Accumulated other comprehensive income 22,243 24,747
Accumulated deficit (225,704,176) (219,563,446)
Total shareholders' equity/(deficit) 2,522,422 (2,470,826)
Total liabilities, mezzanine equity and shareholders' equity/(deficit) $ 9,797,326 $ 14,279,717