Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Grant revenue $ 86,987
Operating expenses:    
Research and development 10,586,144 22,107,563
General and administrative 5,271,861 4,533,893
Total operating expenses 15,858,005 26,641,456
Loss from operations (15,771,018) (26,641,456)
Other income (expense):    
Interest income 75,847 89,294
Interest expense (15,756) (10,685)
Local business tax (1,357) (2,400)
Other income 670 1,795
Forgiveness of Paycheck Protection Program loan and accrued interest 132,753
Total other income, net 59,404 210,757
Loss before income taxes (15,711,614) (26,430,699)
Income tax benefit
Net loss $ (15,711,614) $ (26,430,699)
Basic and diluted net loss per share $ (0.14) $ (0.47)
Shares used to compute basic and diluted net loss per share 112,919,688 56,531,246