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Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 13,160,939 $ 13,359,615
Contracts and grants receivable 113,756 115,130
Research and development incentives receivable, current 25,284 104,198
Prepaid expenses and other current assets 171,327 274,209
Total current assets 13,471,306 13,853,152
Security deposit 22,777 22,777
Office furniture and equipment, net of accumulated depreciation of $118,141 and $114,766 15,106 18,481
Deferred issuance cost 17,867 20,206
Right-of-use lease assets 286,555 340,987
Research and development incentives receivable, net of current portion 12,642 24,114
Total assets 13,826,253 14,279,717
Current liabilities:    
Accounts payable 2,472,327 3,865,796
Accrued expenses 2,346,361 2,307,746
Accrued compensation 73,861 336,692
Lease liabilities, current 115,221 108,948
Convertible debt, net of debt discount of $0 and $102,309 750,000 9,897,691
Total current liabilities 5,757,770 16,516,873
Non-current liabilities:    
Convertible debt 2,094,000  
Lease liabilities, net of current portion 174,283 233,627
Total liabilities 8,026,053 16,750,500
Commitments and contingencies
Series D preferred stock, $.001 par value; 0 and 50,000 shares authorized, none issued or outstanding as of June 30, 2023 and December 31, 2022, respectively   43
Shareholders' equity/(deficit):    
Preferred stock, 350,000 and 300,000 shares authorized as of June 30, 2023 and December 31, 2022, respectively; none issued or outstanding 0 0
Common stock, $.001 par value; 75,000,000 shares authorized; 9,841,854 and 2,908,578 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 9,842 2,909
Additional paid-in capital 228,005,876 217,064,964
Accumulated other comprehensive income 6,061 24,747
Accumulated deficit (222,221,579) (219,563,446)
Total shareholders' equity/(deficit) 5,800,200 (2,470,826)
Total liabilities, mezzanine equity and shareholders' equity/(deficit) $ 13,826,253 $ 14,279,717