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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating expenses    
General and administrative $ 2,784,191 $ 2,767,866
Research and development 1,990,001 1,958,714
Depreciation and amortization 86,486 69,265
Total operating expenses 4,860,678 4,795,845
Loss from operations (4,860,678) (4,795,845)
Other income (expense)    
Change in fair value of warrant liabilities 50,657 275,969
Change in fair value of investment option liability 119,505
Change in fair value of derivative liability 13,000
Interest expense (11) (4,138)
Total other income 183,151 271,831
Net loss (4,677,527) (4,524,014)
Less preferred dividends attributable to non-controlling interest 12,329
Less deemed dividends attributable to accretion of embedded derivative at redemption value 110,991
Net loss attributable to shareholders (4,800,847) (4,524,014)
Other comprehensive loss    
Foreign currency translation 1,968 88,709
Comprehensive loss $ (4,798,879) $ (4,435,305)
Net loss per share - basic and diluted $ (2.31) $ (5.34)
Weighted average shares outstanding, basic and diluted 2,078,271 847,136