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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (1,406,760) $ (2,721,536)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 895 1,353
Interest on debt instrument 4,443 2,587
Amortization of right of use asset 0 26,257
Gain on sale of equipment 3,771 0
Issuance and vesting of compensatory stock options and warrants 66,543 83,069
Changes in operating assets and liabilities    
Accounts receivable, prepaid expenses and other assets 234,802 (484,496)
Accounts payable and accrued liabilities (628,566) 183,654
Long term portion of lease liability 0 (28,565)
Net cash used in operating activities (1,724,872) (2,937,677)
CASH FLOWS FROM INVESTING ACTIVITIES    
(Purchase) proceeds from sale of property and equipment (1,241) (6,323)
Net cash (used in) provided by investing activities 1,241 (6,323)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of common stock, warrants and pre-funded warrants, net of placement fees 13,896,525 0
Offering costs (282,647) 0
Proceeds from the issuance of note payable 0 364,546
Proceeds from the exercise of warrants 511,311 0
Payments on short-term note (110,396) (135,784)
Net cash provided by financing activities 14,014,793 228,762
Net change in cash and cash equivalents 12,291,162 (2,715,238)
Cash and cash equivalents, beginning of period 2,123,682 5,583,922
Cash and cash equivalents, end of period $ 14,414,844 $ 2,868,684