v3.21.1
Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 1,817,354 $ 2,894,575
Investments 15,999,690 18,120,266
Prepaid expenses and other current assets 343,673 413,692
Total current assets 18,160,717 21,428,533
Property and equipment, net 357,589 394,004
Intangible assets, net 17,805 18,075
Other assets 69,620 67,403
Total assets 18,605,731 21,908,015
Current liabilities:    
Accounts payable 1,052,031 727,599
Accrued liabilities 314,821 1,141,741
Accrued payroll and other compensation 816,550 853,335
Note payable, net of debt discount and offering costs of $6,509 and $15,656 as of March 31, 2021 and December 31, 2020 , respectively 273,491 349,344
Total current liabilities 2,456,893 3,072,019
Notes payable, net of debt discount and offering costs of $21,800 and $26,159 as of March 31, 2021 and December 31, 2020 respectively 353,200 348,841
Total liabilities 2,810,093 3,420,860
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, Authorized 5,000,000 shares; No shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively
Common stock, $0.001 par value, Authorized 180,000,000 shares; Issued and outstanding 61,788,325 shares as of March 31, 2021 and 61,117,524 as of December 31, 2020 61,788 61,118
Additional paid-in capital 89,030,480 87,684,323
Accumulated deficit (73,296,630) (69,258,286)
Total stockholders’ equity 15,795,638 18,487,155
Total liabilities and stockholders’ equity $ 18,605,731 $ 21,908,015

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