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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOW USED IN OPERATING ACTIVITIES    
Net loss $ (5,448,219) $ (5,469,470)
Adjustments to reconcile net loss to net cash used by operating activities    
Parent company stock based compensation   1,061,096
Stock based compensation 719,791  
Consulting services paid by issuance of common stock 18,156 267,459
Consulting services paid by issuance of common stock warrants 396,848  
Consulting services paid by issuance of Parent company common stock warrants 18,156 267,459
Depreciation expense 2,487 2,407
Change in assets and liabilities    
Increase in prepaid expenses (431,869) (95,447)
(Decrease) increase in accounts payable (612,171) 554,551
(Decrease) increase in accrued expenses (230,345) 33,971
Total adjustments (137,103) 1,824,037
Net Cash Used in Operating Activities (5,585,322) (3,645,433)
CASH FLOWS USED IN INVESTING ACTIVITIES    
Purchase of fixed assets   (5,413)
Net Cash Used in Investing Activities   (5,413)
CASH FLOWS FROM FINANCING ACTIVITIES    
Private placements of common stock and warrants 23,784,161  
Proceeds from exercise of investor warrants 7,582,276  
Grant funding received 127,445  
Cash in lieu of shares for reverse stock split (1,529)  
Net transfer from parent   16,519,988
Net Cash Provided by Financing Activities 31,492,353 16,519,988
NET INCREASE IN CASH AND EQUIVALENTS 25,907,031 12,869,142
CASH AND EQUIVALENTS AT BEGINNING OF PERIOD 5,795,055 17,382,038
CASH AND EQUIVALENTS AT END OF PERIOD $ 31,702,086 $ 30,251,180