v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 24,922,760 $ 12,432,481
Marketable securities 28,907,045 46,246,573
Restricted cash – security deposits 50,000 136,000
Prepaid expenses and other current assets 2,601,126 2,739,791
Total current assets 56,480,931 61,554,845
Non-current assets:    
Leasehold improvements and equipment - net 1,568,717 1,523,950
Operating lease right-of-use assets - net 4,352,588 3,276,639
Finance lease right-of-use assets - net 28,707 58,007
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 10,503,877 9,412,461
Total assets 66,984,808 70,967,306
Current liabilities:    
Accounts payable 661,998 349,941
Accrued expenses 2,893,903 2,795,329
Operating lease liabilities - current 518,786 391,498
Financing lease liabilities - current 24,309 30,853
Total current liabilities 4,098,996 3,567,621
Non-current liabilities:    
Deferred tax liability 341,265 341,265
Operating lease liabilities - net of current portion 4,284,552 3,304,063
Financing lease liabilities - net of current portion 5,745 23,660
Total non-current liabilities 4,631,562 3,668,988
Total liabilities 8,730,558 7,236,609
Stockholders’ equity:    
Series B Convertible preferred stock, stated value $1,000 per share, 8,000 shares authorized as of September 30, 2021 and December 31, 2020; 0 and 4,361 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 3,797,705
Common stock par value $0.0001 per share, 500,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 216,247,528 and 200,113,431 issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 21,625 20,010
Additional paid-in capital 183,168,987 167,192,003
Accumulated deficit (124,934,768) (107,507,193)
Accumulated other comprehensive (loss)/income (1,594) 228,172
Total stockholders’ equity 58,254,250 63,730,697
Total liabilities and stockholders’ equity $ 66,984,808 $ 70,967,306

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