v3.22.2.2
Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 18,450,537 $ 23,170,149
Accounts receivable, net 49,328 233,262
Prepayments and other current assets 448,252 43,900
Total current assets 18,948,117 23,447,311
Property and equipment, net 151,192 56,158
Intangible assets, net 2,032,938 2,055,650
Right of use asset 263,667 307,172
Other assets 11,189 11,189
Total assets 21,407,103 25,877,480
Current liabilities:    
Accounts payable 19,843 130,500
Accrued expenses 573,549 353,507
Current portion of lease liability 63,131 58,864
Total current liabilities 656,523 542,871
Long-term lease liability 219,715 267,584
Other long-term liabilities 883,118 917,100
Total liabilities 1,759,356 1,727,555
Commitments and contingencies (Note 6)
Stockholders' equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 5,905,118 shares issued and 5,903,797 shares outstanding at September 30, 2022 and 5,893,767 shares issued and 5,892,446 shares outstanding at December 31, 2021 5,905 5,894
Additional paid-in capital 104,859,537 104,063,321
Treasury stock, at cost, 1,321 shares at September 30, 2022 and December 31, 2021 (13,210) (13,210)
Accumulated deficit (85,204,485) (79,906,080)
Total stockholders' equity 19,647,747 24,149,925
Total liabilities and stockholders' equity $ 21,407,103 $ 25,877,480

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