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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net loss $ (6,871,406) $ (2,482,187)
Adjustments to reconcile net loss to cash used in operating activities    
Amortization of debt discount 285,858
Accrued interest 102,285
Change in fair value of warrant liability (7,077,376)
Stock and option based compensation 4,829,484
Inducement expense 298,714
Depreciation and amortization expense 484,355
Change in operating assets and liabilities    
Prepaid expenses and other current assets 320,123 (1,841)
Accounts payable and accrued liabilities 625,748 522,162
Due from related party (65,075)
Net cash used in operating activities (7,390,358) (1,638,798)
Cash Flows From Investing Activities:    
Purchase of Diverse Bio license agreement (675,000)
Cash accretive acquisition of MagicMed 3,055,327
Net cash provided by investing activities 2,380,327
Cash Flows From Financing Activities:    
Proceeds from sale of common stock and warrants, net of offering costs 21,614,488 227,500
Proceeds from convertible notes payable 50,000
Proceeds from note payable 1,812,410
Repayment of note payable (157,714)
Proceeds from warrant exercises, net of fees 3,285,164
Net cash provided by financing activities 24,899,652 1,932,196
Effect of foreign exchange rate on cash (19,655) 3,786
Net increase in cash 19,869,966 297,184
Cash - Beginning of period 1,578,460 43,714
Cash - End of period 21,448,426 340,898
Supplemental disclosure of cash and non-cash transactions:    
Issuance of Common Stock pursuant to MagicMed amalgamation 39,042,282
Deferred tax liability incurred due to MagicMed amalgamation 9,061,927
Conversion of preferred stock to common stock$ 32,754
Fair value of warrants issued 9,981,000
Fair value of Ameri warrants 262,492
Beneficial conversion feature issued with note payable 17,851
Warrants issued in conjunction with notes payable issuances 32,149
Common stock issued for accounts payable 173,482
Common stock issued in conjunction with note payable modification 45,725
Conversion of related party advances and notes payable into common stock 238,000
Cash paid for interest 5,191 388,143
Cash paid for income taxes