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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (19,845,620) $ (8,845,351)
Adjustments to reconcile net loss to net cash used by operating activities:    
Non-cash restricted stock unit compensation (226,014) 1,515,804
Depreciation and amortization 446,334 280,073
Amortization of right of use asset 129,045 0
Impairment of patents 431,426 0
Bad debt expense (recovery) 24,354 22,689
Stock-based compensation 1,548,689 2,225,613
Foreign currency transaction loss 3,736,296 1,071,376
Changes in operating assets and liabilities:    
Grants and accounts receivable (943,398) (726,560)
Inventories (589,483) (1,102,610)
Prepaid expenses and other current assets 1,360,675 1,155,180
Other assets 54,658 (83,761)
Accounts payable and accrued expenses (2,286,125) 107,065
Net cash used in operating activities (16,159,163) (4,380,482)
Cash flows from investing activities:    
Purchases of property and equipment (5,234,163) (1,217,254)
Payments for patent costs (298,800) (373,764)
Net cash used in investing activities (5,532,963) (1,591,018)
Cash flows from financing activities:    
Equity contributions - net of fees incurred (40,359) 0
Proceeds from exercise of stock options 0 206,405
Net cash provided by (used in) financing activities (40,359) 206,405
Effect of exchange rates on cash (241,167) (47,428)
Net change in cash, cash equivalents and restricted cash (21,973,652) (5,812,523)
Cash, cash equivalents and restricted cash - beginning of period 53,825,166 71,421,601
Cash, cash equivalents and restricted cash - end of period 31,851,514 65,609,078
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 0 0
Supplemental disclosure of non-cash financing activities:    
Issuance of common stock to vendor in lieu of cash payment 42,499 0
Capital expenditures included in accounts payable 229,824 0
Settlement of accrued bonuses with restricted stock units $ 260,235 $ 692,311