XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 21,448,426 $ 1,578,460
Prepaid expenses and other current assets 833,116 700,710
Total current assets 22,281,542 2,279,170
Non-Current Assets    
Fixed assets, net of accumulated depreciation of $2,240 and $-0- as of September 30, 2021 and December 31, 2020, respectively 140,568
Intangible assets, net of accumulated amortization of $592,700 and $126,968 as of September 30, 2021 and December 31, 2020, respectively 38,273,667 1,817,721
Goodwill 9,061,927
Total assets 69,757,704 4,096,891
Current liabilities:    
Accounts payable and accrued liabilities 2,162,812 681,250
Total current liabilities 2,162,812 681,250
Deferred tax liability 9,061,927  
Warrant liability 3,166,116
Total liabilities 14,390,855 681,250
Commitments and Contingencies  
Shareholders’ Equity    
Preferred Stock, $0.01 par value, 20,000,000 shares authorized, 0 and 3,275,407 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 32,754
Common stock, $0.01 par value, 100,000,000 shares authorized, 31,383,632 and 10,095,109 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 313,836 100,951
Additional paid-in capital 73,869,289 15,222,770
Accumulated deficit (18,630,963) (11,759,557)
Accumulated other comprehensive loss (185,313) (181,277)
Total shareholders’ equity 55,366,849 3,415,641
Total Liabilities and shareholders’ equity $ 69,757,704 $ 4,096,891