Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets

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Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 25,716,977 $ 3,157,256
Accounts receivable, net 132,371 170,287
Prepayments and other current assets 135,835 118,883
Total current assets 25,985,183 3,446,426
Property and equipment, net 58,576 37,125
Intangible assets, net 2,048,537 1,568,903
Right of use asset 335,211 79,719
Other assets 11,189  
Total assets 28,438,696 5,132,173
Current liabilities:    
Accounts payable 159,107 101,984
Accrued expenses 546,071 475,487
Current portion of lease liability 37,393 82,055
Total current liabilities 742,571 659,526
Long-term debt   91,407
Long-term lease liability 297,883  
Other long-term liabilities 951,717 552,031
Total liabilities 1,992,171 1,302,964
Commitments and contingencies
Stockholders' equity:    
Common stock, $0.001 par value; 50,000,000 shares authorized; 5,873,367 shares issued and 5,872,046 shares outstanding at June 30, 2021 and 3,265,740 shares issued and 3,264,419 shares outstanding at December 31, 2020 5,873 3,266
Additional paid-in capital 103,700,516 78,974,964
Treasury stock, at cost, 1,321 shares at June 30, 2021 and December 31, 2020 (13,210) (13,210)
Accumulated deficit (77,246,654) (75,135,811)
Total stockholders' equity 26,446,525 3,829,209
Total liabilities and stockholders' equity $ 28,438,696 $ 5,132,173