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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:        
Net loss $ (3,250,711) $ (1,098,461) $ (6,864,676) $ (2,410,673)
Adjustments to reconcile net loss to cash used in operating activities:        
Extinguishment of note payable 233,240 32,316
Accrued interest 28,519 156,619 13,684
Change in fair value of warrant liability (3,813,000)    
Amortization of debt discount     288,631 68,453
Stock-based compensation 3,591,565 1,977,155 624,052
Inducement expense 298,714 802,109
Amortization of intangible assets 136,640 120,872
Change in operating assets and liabilities:        
Prepaid expenses and other current assets (66,208) (49,588) (636,497) 104,340
Accounts payable and accrued liabilities (59,278) (7,632) 267,002 919,968
Net cash used in operating activities (3,162,278) (893,922) (3,888,785) (647,860)
Cash Flows From Investing Activities:        
Purchase of Tikkun Pharma license agreement     (44,143)
Purchase of license agreement (675,000)    
Net cash used in investing activities (675,000) (44,143)
Cash Flows From Financing Activities:        
Proceeds from sale of common stock, net of offering costs 21,614,488    
Proceeds from convertible notes payable 50,000 50,000 300,000
Proceeds from note payable 1,319,910 1,812,410 238,000
Repayment of note payable (157,714) (191,640)
Proceeds from warrant exercises 3,267,245    
Advances from related party     22,000
Offering and Reverse Merger proceeds     3,372,500
September 2020 private placement     227,500  
December 2020 private placement     260,500  
Net cash provided by financing activities 24,881,733 1,212,196 5,531,270 560,000
Effect of foreign exchange rate on cash 34,235 (86,677) (63,596) 17,903
Net increase (decrease) in cash 21,078,690 231,597 1,534,746 (69,957)
Cash - beginning of period 1,578,460 43,714 43,714 113,671
Cash - end of period 22,657,150 275,311 1,578,460 43,714
Supplemental non-cash financing activities:        
Beneficial conversion feature issued with note payable     17,851  
Warrants issued in conjunction with notes payable issuances 17,851 32,149 24,875
Shares of common stock issued for note payable extensions 32,149    
Shares of common stock issued for accounts payable $ 173,482 756,523
Common stock issued in conjunction with note payable modification     101,713 22,266
Notes payable issued to consultant for prepaid services     150,000
Conversion of related party advances and notes payable into common stock     679,569
Common stock issued for skincare license     $ 1,900,546