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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from Operating activities    
Net loss $ (12,123,907) $ (3,640,988)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation 969 0
Stock-based compensation 6,590,576 946,958
Fair value of common stock to consultants 669,700 0
Change in fair value of share liability 109,040 2,903
Change in right-of-use lease asset 49,173 51,624
Changes in operating assets and liabilities:    
Deferred offering costs 0 (547,373)
Prepaid expenses and other current assets 132,677 (337,612)
Other noncurrent assets (48,812) (131,408)
Accounts payable (298,663) 763,695
Accrued expenses 712,368 935,039
Deferred revenue 882,000 0
Lease liability (30,292) (120,697)
Net cash used in operating activities (3,355,171) (2,077,859)
Cash flows from investing activities    
Purchases of property and equipment (1,190,157) (3,570,632)
Net cash used in investing activities (1,190,157) (3,570,632)
Cash flows from financing Activities    
Proceeds from issuance of common stock 5,000,000 3,119,560
Common stock issuance costs (506,390) (255,965)
Repayment of notes payable 0 (13,046)
Net cash provided by financing activities 4,493,610 2,850,549
Net change in cash (51,718) (2,797,942)
Effect of exchange rate changes on cash (50,617) 275,786
Cash - beginning of period 2,389,140 2,953,721
Cash - end of period 2,286,805 431,565
Supplemental disclosures of non-cash investing and financing activities:    
Settlement of liabilities with related party 626,223 0
Share liability for non-cash issuance costs 0 124,782
Purchase of property and equipment included in accounts payable 0 332,879
Settlement of share liability $ 776,695 $ 0