SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2022 |
Mar. 31, 2021 |
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| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | ||
| Effective tax rate | 0.00% | |
| Current federal or state income tax expense | $ 0 | |
| Income tax expense | 0 | |
| Cash insured by Federal Deposit Insurance Corporation | $ 11,100,000 | |
| Percentage of major vendor research and development expenditures | 49.00% | |
| Percentage of major vendor accounts payable and accrued expenses | 53.00% | |
| Research and Development Expense | $ 818,888 | $ 91,908 |
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- Definition Represents for percentage of major vendor accounts payable and accrued expenses. No definition available.
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- Definition Represents for percentage of major vendor research and development expenditures. No definition available.
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- References No definition available.
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- Definition The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition Amount of current state, local, and federal tax expense (benefit) pertaining to income (loss) from continuing operations. No definition available.
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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