Annual report pursuant to Section 13 and 15(d)

Income Taxes - Deferred tax assets and liabilities (Details)

v3.22.1
Income Taxes - Deferred tax assets and liabilities (Details) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Net Deferred Tax Liability    
Net Operating Loss Carryforwards $ 20,689,134 $ 17,042,422
Research and Development Credit Carryforwards 2,853,598 2,695,773
Capitalized Research and Development 5,640,428 6,251,945
Stock-Based Compensation 835,432 781,252
Cash Versus Accrual Adjustments 128,188 223,674
Total Deferred Tax Assets 30,146,780 26,995,066
Valuation Allowance (28,628,836) (25,320,159)
Net Deferred Tax Asset 1,517,944 1,674,907
Depreciation and Amortization (955) (1,083)
In-Process Research and Development (2,131,425) (2,402,750)
Net Deferred Tax Liability $ (614,436) $ (728,926)