Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 43,836,687 $ 9,334,584
Prepaid expenses and other current assets 328,837 234,467
Total Current Assets 44,165,524 9,569,051
Property and equipment, net 395,377 398,967
Operating lease right-of-use assets, net 463,913 539,974
Security deposits and other assets 29,843 29,843
Total Assets 45,054,657 10,537,835
Current Liabilities:    
Accounts payable 709,238 1,390,362
Accrued expenses and other current liabilities 531,749 1,168,969
Note Payable 312,700 312,700
Current portion of operating lease liabilities 320,234 314,202
Total Current Liabilities 1,873,921 3,186,233
Long-term operating lease liabilities 169,164 253,746
Total Liabilities 2,043,085 3,439,979
Commitments and Contingencies
Stockholders' Equity:    
Preferred stock, par value $0.00001, 10,000,000 shares authorized: no shares issued or outstanding
Common stock, par value $0.00001, 250,000,000 shares authorized, 8,507,890 and 2,541,529 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively 85 25
Additional paid-in capital 111,107,784 72,421,242
Accumulated deficit (68,096,297) (65,323,411)
Total Stockholders' Equity 43,011,572 7,097,856
Total Liabilities and Stockholders' Equity $ 45,054,657 $ 10,537,835