Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.20.4
Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 14,039,493 $ 7,241,288
Prepaid expenses 1,456,350 652,622
Total current assets 15,495,843 7,893,910
Noncurrent Assets    
Property and equipment, net 23,431 18,165
Deferred offering costs 334,138 0
Total noncurrent assets 357,569 18,165
Total Assets 15,853,412 7,912,075
Current Liabilities:    
Accounts payable 946,330 243,666
Accounts payable and accrued expenses - related party 0 45,833
Accrued expenses 519,804 21,500
Notes payable 439,294 0
Total current liabilities 1,905,428 310,999
Total Liabilities 1,905,428 310,999
Commitments and contingencies
Stockholders' Equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized and 0 shares issued and outstanding 0 0
Common stock, $0.001 par value, 75,000,000 shares authorized and 23,856,151 and 16,450,234 shares issued and outstanding, respectively 23,856 16,450
Additional paid-in capital 34,870,471 19,073,098
Accumulated Deficit (20,946,343) (11,488,472)
Total Stockholders' Equity 13,947,984 7,601,076
Total Liabilities and Stockholders' Equity $ 15,853,412 $ 7,912,075