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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and cash equivalents $ 9,883,796 $ 283,341
Grant funds and other receivables 182,663 68,603
Prepaid expenses and other current assets 168,689 95,320
Total current assets 10,235,148 447,264
Property and equipment, net (Note 3) 147,741 10,606
Deposits 11,010 11,010
Total assets 10,393,899 468,880
Current liabilities:    
Accounts payable 267,702 152,653
Accrued expenses (Note 4) 359,281 1,851,040
Current portion of notes payable 183,326 12,500
Total current liabilities 810,309 2,016,193
Note payable, net of current portion 14,738 27,243
Total liabilities 825,047 2,043,436
Commitments (Note 7)
Stockholders’ equity (deficiency):    
Preferred stock, $.01 par value (Note 8): Authorized shares – 10,000,000 Issued and outstanding shares – 100 and 2,486 at December 31, 2020 and 2019, respectively 76,095 1,932,433
Common stock, $.001 par value: Authorized shares – 600,000,000 Issued and outstanding shares – 3,834,095 and 14,992 at December 31, 2020 and 2019, respectively 3,834 15
Additional paid-in capital 55,294,504 39,340,509
Accumulated deficit (45,805,581) (42,847,513)
Total stockholders’ equity (deficiency) 9,568,852 (1,574,556)
Total liabilities and stockholders’ equity (deficiency) $ 10,393,899 $ 468,880