Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.23.1
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING EXPENSES    
General and administrative $ 2,917,315 $ 3,093,713
Research and development 1,240,246 6,835,670
Restructuring 6,727 0
TOTAL OPERATING EXPENSES 4,164,288 9,929,383
LOSS FROM OPERATIONS (4,164,288) (9,929,383)
OTHER INCOME (EXPENSE)    
Interest expense (2,354) (3,316)
Interest income 178,377 3,445
Other income (expense), net (104,848) 5,225
Total other income (expense), net 71,175 5,354
NET LOSS $ (4,093,113) $ (9,924,029)
BASIC LOSS PER SHARE (in dollars per share) $ (0.12) $ (0.30)
DILUTED LOSS PER SHARE (in dollars per share) $ (0.12) $ (0.30)
WEIGHTED AVERAGE SHARES OUTSTANDING:    
BASIC 33,548,356 32,683,263
DILUTED 33,548,356 32,683,263