Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Unaudited)

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Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 5,110,531 $ 10,055,407
Prepaid expenses and other current assets 1,861,691 2,509,238
Total current assets 6,972,222 12,564,645
Noncurrent Assets:    
Prepaid expenses, net of current portion 438,131 482,806
Property and equipment, net 4,385 5,664
Total noncurrent assets 442,516 488,470
Total Assets 7,414,738 13,053,115
Current Liabilities:    
Accounts payable 2,780,604 3,681,900
Accrued expenses 853,228 828,391
Notes payable 289,075 409,968
Total current liabilities 3,922,907 4,920,259
Total Liabilities 3,922,907 4,920,259
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 2,226,325 and 1,617,325 shares issued and outstanding, respectively 2,226 1,617
Additional paid-in capital 59,137,229 58,846,916
Accumulated deficit (55,647,624) (50,715,677)
Total Stockholders' Equity 3,491,831 8,132,856
Total Liabilities and Stockholders' Equity $ 7,414,738 $ 13,053,115