Annual report pursuant to Section 13 and 15(d)

Statements of Operations

v3.20.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating expenses:    
General and administrative $ 1,978,643 $ 860,520
Research and Development 1,854,334 21,267
Total operating expenses 3,832,977 881,787
Loss from operations (3,832,977) (881,787)
Other expenses:    
Loss on settlement of liabilities 0 (6,286,841)
Loss on change in fair value of SAFE agreements 0 (122,120)
SAFE agreement expenses 0 (54,454)
Interest expense (26,152) (28,615)
Amortization of debt discount (18,082) (18,082)
Total other expense (44,234) (6,510,112)
Net loss $ (3,877,211) $ (7,391,899)
Loss per share - basic and diluted $ (0.28) $ (0.70)
Weighted average shares outstanding - basic and diluted 13,647,908 10,510,551