Annual report pursuant to Section 13 and 15(d)

Balance Sheets

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Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 10,055,407 $ 5,004,517
Prepaid expenses and other current assets 2,509,238 2,472,933
Total current assets 12,564,645 7,477,450
Noncurrent Assets:    
Prepaid expenses, net of current portion 482,806 929,688
Property and equipment, net 5,664 16,109
Deferred offering costs 0 334,138
Total noncurrent assets 488,470 1,279,935
Total Assets 13,053,115 8,757,385
Current Liabilities:    
Accounts payable 3,681,900 1,981,445
Accrued expenses 828,391 224,949
Notes payable 409,968 387,794
Total current liabilities 4,920,259 2,594,188
Total Liabilities 4,920,259 2,594,188
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 1,617,325 and 949,052 shares issued and outstanding, respectively 1,617 949
Additional paid-in capital 58,846,916 41,603,791
Accumulated deficit (50,715,677) (35,441,543)
Total Stockholders' Equity 8,132,856 6,163,197
Total Liabilities and Stockholders' Equity $ 13,053,115 $ 8,757,385