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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (1,621,546) $ (1,780,036)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,983 5,693
Stock-based compensation expense 24,000 290,744
Changes in assets and liabilities:    
Grant funds and other receivables (72,551) 18,329
Prepaid expenses and other current assets 82,274 (83,637)
Amortization of debt discount 124,185
Accounts payable and accrued expenses 252,036 431,170
Total adjustments 412,927 662,299
Net cash used in operating activities (1,208,619) (1,117,737)
Cash flows from investing activities:    
Purchase of property and equipment (2,470) (4,272)
Net cash used in investing activities (2,470) (4,272)
Cash flows from financing activities:    
Net proceeds from sale of preferred stock 300,000 1,440,000
Net proceeds from issuance of note payable 170,200
Net proceeds from bridge financing 888,500
Net proceeds from sale of common stock and warrants 11,158,496
Principal repayment of note payable (8,854) (8,333)
Net cash provided by financing activities 12,508,342 1,431,667
Net increase in cash and cash equivalents 11,297,253 309,658
Cash and cash equivalents at beginning of period 283,341 259,701
Cash and cash equivalents at end of period $ 11,580,594 $ 569,359