Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 8,958,880 $ 5,004,517
Prepaid expenses 2,438,530 2,472,933
Total current assets 11,397,410 7,477,450
Noncurrent Assets:    
Prepaid expenses, net of current portion 704,794 929,688
Property and equipment, net 10,970 16,109
Deferred offering costs 334,138 334,138
Total noncurrent assets 1,049,902 1,279,935
Total Assets 12,447,312 8,757,385
Current Liabilities:    
Accounts payable 490,886 1,522,823
Accrued expenses 276,573 224,949
Notes payable 156,397 387,794
Total current liabilities 923,856 2,135,566
Total Liabilities 923,856 2,135,566
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 40,032,481 and 27,927,217 shares issued and outstanding, respectively 40,032 27,927
Additional paid-in capital 52,816,636 41,576,813
Accumulated deficit (41,333,212) (34,982,921)
Total Stockholders' Equity 11,523,456 6,621,819
Total Liabilities and Stockholders' Equity $ 12,447,312 $ 8,757,385