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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss from operations $ (2,455,099) $ (2,514,276)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 6,587 14,012
Stock-based compensation expense 173,321
Changes in assets and liabilities:    
Insurance claim receivable 325,105 (4,437)
Prepaid expenses and other current assets 768,352 714,425
Other assets (11,776)
Amortization of right-of-use asset 90,833 111,915
Accounts payable (439,056) 64,576
Decrease in lease liabilities (89,211) (103,102)
Accrued expenses and other current liabilities 145,950 20,862
Net cash used in operating activities (1,646,539) (1,534,480)
Cash flows from investing activities:    
Purchase of fixed assets (8,529)
Net cash used in investing activities (8,529)
Cash flows from financing activities    
Proceeds from exercise of stock options 78,000
Net cash from financing activities 78,000
Net decrease in cash and cash equivalents (1,568,539) (1,543,009)
Cash and cash equivalents at beginning of period 10,003,375 16,130,410
Cash and cash equivalents at end of period 8,434,836 14,587,401
Supplemental disclosure of Cash Flow Information:    
Recognition of operating lease right-of-use assets and obligations under ASC Topic 842 715,310
Reclassification of right-of-use asset, from prepaid expenses 66,271
Acquisition of equipment included in accrued expenses $ 17,374