Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 40,344,727 $ 57,165,377
Prepaid expenses and other current assets 1,048,082 774,432
Total current assets 41,392,809 57,939,809
Fixed assets, net 254,041 355,982
Right-of-use asset, net 225,205 282,365
Long-term assets 75,000 75,000
Other assets 6,214 6,214
TOTAL ASSETS 41,953,269 58,659,370
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 3,034,489 3,443,197
Lease liability 131,406 119,904
Total current liabilities 3,165,895 3,563,101
Long-term lease liability 201,970 301,740
TOTAL LIABILITIES 3,367,865 3,864,841
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY:    
Common stock, $0.00001 par value; 160,000,000 and 80,000,000 shares authorized as of September 30, 2021 and December 31, 2020; 61,101,264 and 45,442,729 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 611 454
Additional paid-in capital 182,182,461 161,533,653
Accumulated deficit (144,979,691) (126,775,427)
Total stockholders' equity 38,585,404 54,794,529
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 41,953,269 58,659,370
Series C Preferred Stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value   1,148,204
Series D Preferred stock    
STOCKHOLDERS' EQUITY:    
Preferred Stock Value $ 1,382,023 $ 18,887,645