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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 17,723,884 $ 17,355,999
Prepaid expenses and other current assets 708,053 380,838
Total current assets 18,431,937 17,736,837
Other assets:    
Property and equipment, net 677,485 294,430
Right-of-use operating lease asset 63,817 176,304
Intangible assets, net 379,686 6,923,928
Goodwill 1,587,634
Total other assets 1,120,988 8,982,296
Total assets 19,552,925 26,719,133
Current liabilities:    
Accounts payable 463,275 683,393
Accrued liabilities 1,705,655 1,292,721
Current portion of right-of-use operating lease obligation 63,820 107,442
Investment option liability 851,008
Warrant liability 185,215 653,674
Derivative liability 727,000
Total current liabilities 3,995,973 2,737,230
Non-current liabilities:    
Non-current portion of right-of-use operating lease obligation 68,861
Deferred tax liability 1,607,122
Total non-current liabilities 1,675,983
Total liabilities 3,995,973 4,413,213
Commitments and contingencies (Note 9)
Temporary equity    
Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 52,684.548 and 0 shares issued and outstanding as of December 31, 2022 and 2021, respectively
Redeemable non-controlling interest 885,028
Total temporary equity 885,028
Shareholders’ equity    
Preferred stock, $0.01 par value, 20,000,000 shares authorized; Series B preferred stock, $0.01 par value, 3,600,000 shares authorized, 0 shares issued and outstanding as of December 31, 2022 and 2021, respectively
Common stock, $0.01 par value, 100,000,000 shares authorized, 2,078,271 and 651,921 shares issued and outstanding as of December 31, 2022 and 2021, respectively 20,782 6,519
Additional paid-in capital 94,395,662 83,066,656
Accumulated deficit (79,207,786) (60,736,453)
Accumulated other comprehensive loss (536,734) (30,802)
Total shareholders’ equity 14,671,924 22,305,920
Total liabilities, temporary equity, and shareholders’ equity $ 19,552,925 $ 26,719,133