XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 11,423,870 $ 9,883,796
Grant funds and other receivables 49,006 182,663
Prepaid expenses and other current assets 156,240 168,689
Total current assets 11,629,116 10,235,148
Property and equipment, net 156,938 147,741
Deposits 11,010 11,010
Total assets 11,797,064 10,393,899
Current liabilities:    
Accounts payable 2,057,534 267,702
Accrued expenses 3,377,826 359,281
Current portion of notes payable 183,326
Total current liabilities 5,435,360 810,309
Accrued expenses – noncurrent 2,000,000
Note payable, net of current portion 14,738
Total liabilities 7,435,360 825,047
Commitments (Note 6)
Stockholders’ equity:    
Preferred stock, $.01 par value: Authorized shares – 10,000,000 Series B convertible preferred stock, $1,000 stated value; -0- and 100 shares issued and outstanding at December 31, 2021 and 2020, respectively 76,095
Common stock, $.001 par value: Authorized shares – 600,000,000 Issued and outstanding shares – 6,381,541 and 3,834,095 at December 31, 2021 and 2020, respectively 6,382 3,834
Additional paid-in capital 68,731,220 55,294,504
Accumulated deficit (64,375,898) (45,805,581)
Total stockholders’ equity 4,361,704 9,568,852
Total liabilities and stockholders’ equity $ 11,797,064 $ 10,393,899