Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheet

v3.20.2
Condensed Balance Sheet - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 9,208,951 $ 9,219,547
Marketable securities   2,997,220
Prepaid expenses and other current assets 817,653 447,206
Total Current Assets 10,026,604 12,663,973
Security Deposits 25,681 25,681
Operating Lease Right-of-Use Assets 139,477 203,348
Equipment, Net 57,312 75,770
Total Assets 10,249,074 12,968,772
Current Liabilities:    
Accounts payable and accrued expenses 2,190,753 1,265,731
Deferred revenue 650,000 1,500,000
Operating lease liabilities, current 136,197 139,765
Total Current Liabilities 2,976,950 2,905,496
Operating Lease Liabilities, non-current   63,605
Warrant Liabilities 268,811 41,717
Total Liabilities 3,245,761 3,010,818
Commitments and Contingencies (Note 12)
Stockholders' Equity:    
Preferred stock, par value $0.0001, 10,000,000 authorized shares, none issued and outstanding
Common stock, par value $0.0001, 75,000,000 authorized shares, 4,019,141 issued and outstanding 402 402
Additional paid-in capital 173,423,515 173,278,144
Accumulated other comprehensive income   2,084
Accumulated deficit (166,420,604) (163,322,676)
Total Stockholders' Equity 7,003,313 9,957,954
Total Liabilities and Stockholders' Equity $ 10,249,074 $ 12,968,772