The stem looks ok, there is still green at the tip and the terminal bud looks healthy. I would guess it will be fine as long as you don't over water it but you need to be patient. It may be a while before it starts showing life again. Do not water it until the soil almost completely dries or it starts pushing new growth. It doesn't need water right now because it doesn't have leaves to photosynthesize with. It just needs enough to stay alive. You can use a seedling mat under the plant to help boost the regrowth of roots. Some may not agree with me but I find bottom heat does wonders for ailing plants.

Okay, will do. I guess I should separate the stem with leaves into a diff pot since that one will want water and what's left of my poor main plant wants to dry out? Thank you so much for your help!

I basically agree with Mentha, except I don't think that soil will dry out fast enough to prevent rot. I would repot it now and knock off all the wet soil check the roots and repot in lightly MOIST soil. I've never used bottom heat, but I hear it is beneficial

The good thing about a heat mat is it dries the soil out quickly. If you do repot, get it out of the plastic pot and into an unglazed clay pot. You can tell a lot about your plant by how a clay pot looks on the outside. You can't see that with a plastic one AND with plastic there is more chance of root rot.

Oh and if the stem with leaves does not have roots, you should not be watering it either. I would also cut about half or even more of the leaves off. This will help the cutting concentrate on roots and not stress too much or dry out.