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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net loss $ (11,644,966) $ (37,866,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 763,020 1,189,988
Depreciation 30,758 54,866
Amortization of debt discount 474,570
Inducement expense 2,567,044
Change in fair value of derivative instrument-warrants (4,506,633)
Change in fair value of contingent consideration (2,020,000) (180,000)
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses (4,297,192) 1,430,993
Right of use asset 94,577 50,585
Operating lease liability (91,068) (54,578)
Prepaid expenses and other assets 1,566,461 3,487,456
Net cash used in operating activities (17,063,429) (31,887,104)
Cash flows from investing activities:    
Purchase of property and equipment (13,956)
Investment in related party receivable (600,000)
Net cash used in investing activities (600,000) (13,956)
Cash flows from financing activities:    
Proceeds from exercise of the warrants, net 1,849,707
Proceeds from equity and debt issuance under SPA, net of discount 2,500,000
Net cash provided by financing activities 4,349,707
Effect of exchange rates on cash 24,948 (3,948)
Net decrease in cash (13,288,774) (31,905,008)
Cash at beginning of period 14,785,880 51,189,088
Cash at end of period 1,497,106 19,284,080
Supplementary disclosure of non-cash financing activities:    
Conversion of Series C convertible preferred stock 1,000
Inducement expense for issuance of Series B-1 and B-2 warrants 2,821,399
Stock-based liability awards reversed to additional paid-in capital 2,983,006
Operating lease asset additions $ 242,507