v3.21.1
Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 2,894,575 $ 12,563,853
Investments 18,120,266
Prepaid expenses and other current assets 413,692 361,311
Total current assets 21,428,533 12,925,164
Property and equipment, net 394,004 523,677
Intangible assets, net 18,075 19,154
Other assets 67,403 64,242
Total assets 21,908,015 13,532,237
Current liabilities:    
Accounts payable 727,599 444,776
Accrued liabilities 1,141,741 916,692
Accrued payroll and other compensation 853,335 677,755
Note payable, net of debt discount and offering costs of $15,656 and $0 as of December 31, 2020 and 2019, respectively 349,344
Total current liabilities 3,072,019 2,039,223
Notes payable, net of debt discount and offering costs of $26,159 and $546,312 as of December 31, 2020 and 2019, respectively 348,841 3,356,188
Total liabilities 3,420,860 5,395,411
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, Authorized 5,000,000 shares; No shares issued and outstanding as of December 31, 2020 and December 31, 2019, respectively
Common stock, $0.001 par value, Authorized 180,000,000 shares; Issued and outstanding 61,117,524 shares as of December 31, 2020 and 43,069,418 as of December 31, 2019 61,118 43,069
Additional paid-in capital 87,684,323 61,087,082
Accumulated deficit (69,258,286) (52,993,325)
Total stockholders’ equity 18,487,155 8,136,826
Total liabilities and stockholders’ equity $ 21,908,015 $ 13,532,237

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