General form of registration statement for all companies including face-amount certificate companies

Condensed Statements of Operations (unaudited)

v3.22.0.1
Condensed Statements of Operations (unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Operating expenses:            
Research and development $ 799,779 $ 120,466 $ 2,347,564 $ 1,493,520 $ 1,607,819 $ 2,623,280
General and administrative 912,490 419,596 2,956,444 1,187,906 1,565,034 1,847,328
Total operating expenses 1,712,269 540,062 5,304,008 2,681,426 3,172,853 4,470,608
Loss from operations (1,712,269) (540,062) (5,304,008) (2,681,426) (3,172,853) (4,470,608)
Other income and expenses:            
Gain from forgiveness of Payroll Protection Plan loan         (133,592) 0
Interest expense, net 651 57,333 45,613 158,791 197,269 250,748
Net loss (1,712,920) (597,395) (5,349,621) (2,840,217) $ (3,236,530) $ (4,721,356)
Deemed dividend upon the redemption of 5,221,156 shares of Series 1c preferred stock (see Note 6) 269,038 0 269,038 0    
Deemed dividend upon the amendment of terms of the Series 1d convertible preferred stock (see Note 6) 2,293,199 0 2,293,199 0    
Net loss attributable to common stockholders $ (4,275,157) $ (597,395) $ (7,911,858) $ (2,840,217)    
Net loss per share of common stock, basic and diluted $ (0.86) $ (0.31) $ (2.69) $ (1.49) $ (1.69) $ (2.47)
Weighted-average basic and diluted common units/shares 4,980,306 1,911,009 2,945,351 1,911,009 1,911,009 1,911,009