Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited)

v3.21.2
Condensed Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Common Stock Dividend Payable [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 549 $ 18,994,008 $ 3 $ (10,982,010) $ 8,012,550
Beginning balance, shares at Dec. 31, 2019 5,486,595        
Stock-based compensation 98,663 98,663
Transaction costs related to anticipated 2020 offering (2,806) (2,806)
Net loss (874,336) (874,336)
Ending balance, value at Mar. 31, 2020 $ 549 19,089,865 3 (11,856,346) 7,234,071
Ending balance, shares at Mar. 31, 2020 5,486,595        
Beginning balance, value at Dec. 31, 2019 $ 549 18,994,008 3 (10,982,010) 8,012,550
Beginning balance, shares at Dec. 31, 2019 5,486,595        
Net loss         (4,679,035)
Ending balance, value at Sep. 30, 2020 $ 577 21,187,697 (15,661,045) 5,527,229
Ending balance, shares at Sep. 30, 2020 5,765,566        
Beginning balance, value at Mar. 31, 2020 $ 549 19,089,865 3 (11,856,346) 7,234,071
Beginning balance, shares at Mar. 31, 2020 5,486,595        
Stock-based compensation 93,869 93,869
Transaction costs related to anticipated 2020 offering (1,506) (1,506)
Stock dividend distributed due to full-ratchet anti-dilution adjustment $ 3 (3)
Stock dividend distributed due to full-ratchet anti-dilution adjustment, shares 28,971        
Net loss (733,414) (733,414)
Ending balance, value at Jun. 30, 2020 $ 552 19,182,228 (12,589,760) 6,593,020
Ending balance, shares at Jun. 30, 2020 5,515,566        
Stock-based compensation 164,507 164,507
Transaction costs related to anticipated 2020 offering (356,416) (356,416)
Shares issued in connection with Yuhan license agreement $ 25 1,999,975 2,000,000
Shares issued in connection with Yuhan license agreement, shares 250,000        
Fair value of warrants issued in the sale of our 2019 Senior Notes 197,403 197,403
Net loss (3,071,285) (3,071,285)
Ending balance, value at Sep. 30, 2020 $ 577 21,187,697 (15,661,045) 5,527,229
Ending balance, shares at Sep. 30, 2020 5,765,566        
Beginning balance, value at Dec. 31, 2020 $ 1,419 48,333,857 (25,395,798) 22,939,478
Beginning balance, shares at Dec. 31, 2020 14,187,984        
Stock-based compensation $ 1 620,590   620,591
Stock-based compensation, shares 12,500        
Shares issued in private placement, net of transaction costs $ 132 9,875,418   9,875,550
Shares issued in private placement, net of transaction costs, shares 1,321,132        
Net loss (2,099,480) (2,099,480)
Ending balance, value at Mar. 31, 2021 $ 1,552 58,829,865 (27,495,278) 31,336,139
Ending balance, shares at Mar. 31, 2021 15,521,616        
Beginning balance, value at Dec. 31, 2020 $ 1,419 48,333,857 (25,395,798) 22,939,478
Beginning balance, shares at Dec. 31, 2020 14,187,984        
Net loss         (8,243,740)
Ending balance, value at Sep. 30, 2021 $ 1,560 60,846,342 (33,639,538) 27,208,364
Ending balance, shares at Sep. 30, 2021 15,599,062        
Beginning balance, value at Mar. 31, 2021 $ 1,552 58,829,865 (27,495,278) 31,336,139
Beginning balance, shares at Mar. 31, 2021 15,521,616        
Stock-based compensation $ 4 762,592   762,596
Stock-based compensation, shares 38,300        
Shares issued in connection with license agreement $ 4 299,996   300,000
Shares issued in connection with license agreement, shares 44,689        
Net loss (3,157,043) (3,157,043)
Ending balance, value at Jun. 30, 2021 $ 1,560 59,892,453 (30,652,321) 29,241,692
Ending balance, shares at Jun. 30, 2021 15,604,605        
Stock-based compensation 981,869   981,869
Stock-based compensation, shares (1,030)        
Shares withheld to pay income taxes on stock-based compensation (27,980)   (27,980)
Shares withheld to pay income taxes on stock-based compensation, shares (4,513)        
Net loss   (2,987,217) (2,987,217)
Ending balance, value at Sep. 30, 2021 $ 1,560 $ 60,846,342 $ (33,639,538) $ 27,208,364
Ending balance, shares at Sep. 30, 2021 15,599,062