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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (2,876,811) $ (1,050,898)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 17,871 7,033
Stock-based compensation expense 198,821 18,000
Gain on debt extinguishment (172,056) 0
Changes in assets and liabilities:    
Grant funds and other receivables 182,663 (118,560)
Prepaid expenses and other current assets 36,051 54,850
Accounts payable and accrued expenses (266,105) 164,082
Total adjustments (2,755) 125,405
Net cash used in operating activities (2,879,566) (925,493)
Cash flows from investing activities    
Purchase of equipment (19,929) 0
Net cash used in investing activities (19,929) 0
Cash flows from financing activities:    
Net proceeds from sale of common stock 9,408,920 0
Net proceeds from sale of preferred stock 0 300,000
Net proceeds from warrant exercises 3,174,156 0
Net proceeds from bridge financing 0 888,500
Net proceeds from issuance of note payable 0 170,200
Repurchase of preferred stock (1,000) 0
Principal repayment of note payable (27,864) (5,866)
Net cash provided by financing activities 12,554,212 1,352,834
Net increase in cash and cash equivalents 9,654,717 427,341
Cash and cash equivalents at beginning of period 9,883,796 283,341
Cash and cash equivalents at end of period $ 19,538,513 $ 710,682