v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 11,175,838 $ 21,029,806
Marketable debt securities 21,875,015 28,592,049
Restricted cash – security deposit 50,000 50,000
Prepaid expenses and other current assets 3,997,798 1,321,466
Total current assets 37,098,651 50,993,321
Non-current assets:    
Leasehold improvements and equipment – net 2,144,102 1,537,728
Operating lease right-of-use assets – net 3,742,019 4,218,890
Finance lease right-of-use assets – net 7,026 22,270
In-process research and development 3,017,377 3,017,377
Goodwill 1,336,488 1,336,488
Restricted cash – security deposit 200,000 200,000
Total non-current assets 10,447,012 10,332,753
Total assets 47,545,663 61,326,074
Current liabilities:    
Accounts payable 656,717 938,270
Accrued expenses 3,696,932 2,850,888
Operating lease liabilities – current 540,076 538,546
Financing lease liabilities – current 7,860 21,039
Total current liabilities 4,901,585 4,348,743
Non-current liabilities:    
Deferred tax liability 341,265 341,265
Operating lease liabilities – net of current portion 3,683,949 4,140,387
Financing lease liabilities – net of current portion 2,621
Total non-current liabilities 4,025,214 4,484,273
Total liabilities 8,926,799 8,833,016
Stockholders’ equity:    
Common stock par value $0.0001 per share, 500,000,000 shares authorized at September 30, 2022 and December 31, 2021; 216,864,526 and 216,269,450 issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 21,685 21,627
Additional paid-in capital 188,529,404 184,251,138
Accumulated deficit (148,996,657) (131,634,208)
Accumulated other comprehensive loss (935,568) (145,499)
Total stockholders’ equity 38,618,864 52,493,058
Total liabilities and stockholders’ equity $ 47,545,663 $ 61,326,074

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