XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 17,124,177 $ 19,047,778
Inventories 893,174  
Prepaid expenses and other current assets 1,302,750 1,612,708
Total current assets 19,320,101 20,660,486
Property and equipment, net 343,741 337,366
Operating lease right-of-use assets 396,703  
Other non-current assets 20,231 21,019
Total assets 20,080,776 21,018,871
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 716,836 295,778
Due to related party   2,000
Accrued expenses 592,622 339,384
Total current liabilities 1,309,458 637,162
Non-current liabilities:    
Operating lease liability, non-current 282,294  
Total liabilities 1,591,752 637,162
Commitments and Contingencies (See Note 10)  
Stockholders’ equity    
Common stock, $0.0001 par value; 30,000,000 shares authorized; 20,151,244 and 20,112,244 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 2,015 2,011
Additional paid-in capital 28,200,566 28,074,484
Accumulated deficit (9,713,557) (7,694,786)
Total stockholders’ equity 18,489,024 20,381,709
Total liabilities, redeemable and stockholders’ equity $ 20,080,776 $ 21,018,871