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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating expenses        
General and administrative $ 3,514,547 $ 2,123,834 $ 8,783,619 $ 10,864,696
Research and development 2,055,656 1,219,339 6,134,421 2,295,826
Depreciation and amortization 86,646 173,696 241,413 484,355
Total operating expenses 5,656,849 3,516,869 15,159,453 13,644,877
Loss from operations (5,656,849) (3,516,869) (15,159,453) (13,644,877)
Other income (expense)        
Inducement expense (298,714)
Change in fair value of warrant liabilities 1,599,623 804,833 3,845,514 7,077,376
Change in fair value of investment option liability 1,809,622 1,809,622
Change in fair value of derivative liability (231,000) (284,000)
Interest expense (308) (370) (5,114) (5,191)
Total other income 3,177,937 804,463 5,366,022 6,773,471
Net loss (2,478,912) (2,712,406) (9,793,431) (6,871,406)
Less preferred dividends attributable to non-controlling interest 12,603 20,411
Less deemed dividends attributable to accretion of embedded derivative at redemption value 110,991 184,985
Net loss attributable to shareholders (2,602,506) (2,712,406) (9,998,827) (6,871,406)
Other comprehensive loss        
Foreign currency translation (417,390) (6,510) (609,695) (4,036)
Comprehensive loss $ (3,019,896) $ (2,718,916) $ (10,608,522) $ (6,875,442)
Net loss per share - basic and diluted $ (1.46) $ (5.91) $ (8.11) $ (16.64)
Weighted average shares outstanding, basic and diluted 1,787,235 459,289 1,232,936 413,063