Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 6,885,572 $ 14,039,493
Subscription receivable 3,569,117 0
Other receivable - related party 132,648 0
Prepaid expenses 3,296,150 1,456,350
Total current assets 13,883,487 15,495,843
Noncurrent Assets:    
Property and equipment, net 20,895 23,431
Deferred offering costs 334,138 334,138
Total noncurrent assets 355,033 357,569
Total Assets 14,238,520 15,853,412
Current Liabilities:    
Accounts payable 892,492 946,330
Accrued expenses 760,678 519,804
Notes payable 177,583 439,294
Total current liabilities 1,830,753 1,905,428
Total Liabilities 1,830,753 1,905,428
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 27,379,485 and 23,856,151 shares issued and outstanding, respectively 27,379 23,856
Additional paid-in capital 40,753,808 34,870,471
Accumulated deficit (28,373,420) (20,946,343)
Total Stockholders' Equity 12,407,767 13,947,984
Total Liabilities and Stockholders' Equity $ 14,238,520 $ 15,853,412