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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 8,596,971 $ 20,199,735
Short-term investments 7,645,787
Accounts receivable 243 278
Prepaid expenses 53,369 376,973
Total Current Assets 16,296,370 20,576,986
OTHER ASSETS:    
Property and equipment, net 71,547 53,720
Digital currencies and other digital assets 59,128
Intangible assets, net 1,090,000
Operating lease right-of-use asset, net 160,610 184,309
Total Other Assets 1,381,285 238,029
Total Assets 17,677,655 20,815,015
CURRENT LIABILITIES:    
Accounts payable and accrued expenses 432,073 517,039
Operating lease liability, current portion 60,271 53,897
Contract liabilities 7,311 8,850
Due to related party 203
Total Current Liabilities 499,655 579,989
LONG-TERM LIABILITIES:    
Operating lease liability, less current portion 119,205 151,012
Total Long-Term Liabilities 119,205 151,012
Total Liabilities 618,860 731,001
Commitments and Contingencies (Note 6)
STOCKHOLDERS’ EQUITY:    
Preferred stock ($0.0001 par value; 20,000,000 shares authorized)
Series A Preferred stock ($0.0001 Par Value; 1 Share authorized; none issued and outstanding at June 30, 2022 and December 31, 2021)
Common stock ($0.0001 par value; 180,000,000 shares authorized; 20,597,419 and 19,597,419 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively) 2,060 1,960
Common stock to be issued (1,389 shares at June 30, 2022 and December 31, 2021)
Additional paid-in capital 50,594,839 47,672,600
Accumulated deficit (33,538,104) (27,590,546)
Total Stockholders’ Equity 17,058,795 20,084,014
Total Liabilities and Stockholders’ Equity $ 17,677,655 $ 20,815,015