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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss from operations $ (2,089,687) $ (2,455,099)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 7,490 6,587
Stock-based compensation expense 6,104
Changes in assets and liabilities:    
Insurance claim receivable 100,000 325,105
Prepaid expenses and other current assets 831,328 768,352
Other assets 9,133
Amortization of right-of-use asset 90,301 90,833
Accounts payable (260,285) (439,056)
Decrease in lease liabilities (92,870) (89,211)
Accrued expenses and other current liabilities (849,939) 145,950
Net cash used in operating activities (2,248,425) (1,646,539)
Cash flows from investing activities:    
Purchase of fixed assets (766)
Net cash used in investing activities (766)
Cash flows from financing activities    
Preferred stock dividend (408,567)
Proceeds from exercise of stock options 78,000
Net cash provided by (used in) financing activities (408,567) 78,000
Net decrease in cash and cash equivalents (2,657,758) (1,568,539)
Cash and cash equivalents at beginning of period 6,769,603 10,003,375
Cash and cash equivalents at end of period 4,111,845 8,434,836
Supplemental disclosure of Cash Flow Information:    
Conversion of Series C Preferred Stock to Common Stock $ 2,679,019