Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS - Consolidated Statements of Operations and Comprehensive Loss (Details)

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SUBSEQUENT EVENTS - Consolidated Statements of Operations and Comprehensive Loss (Details) - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating expenses:    
Research and development $ 31,167,660 $ 16,136,826
General and administrative 13,909,641 18,698,619
Litigation settlement 0 5,000,000
Total operating expenses 45,077,301 39,835,445
Operating loss (45,077,301) (39,835,445)
Other income (expense), net:    
Other income (expense), net 3,389,440 (48,773)
Interest Income (Expense), Net (2,923,974) (2,132,091)
Change in fair value of derivative liability (2,582) 96,842
Foreign currency transaction gain (loss), net 11,101 (427,436)
Other income (expense), net 473,985 (2,511,458)
Net loss $ (44,603,316) $ (42,346,903)
Net loss per share basic $ (10.31) $ (10.15)
Earnings Per Share, Diluted $ (10.31) $ (10.15)
Weighted average number of common shares-basic 4,327,568 4,170,675
Weighted average number of common shares outstanding, diluted 4,327,568 4,170,675
Comprehensive loss:    
Net Income (Loss) $ (44,603,316) $ (42,346,903)
Other comprehensive income (loss):    
Change in unrealized gain (loss) on marketable debt securities 124,536 (63,647)
Total other comprehensive income (loss) 124,536 (63,647)
Total comprehensive loss $ (44,478,780) $ (42,410,550)