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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows From Operating Activities:    
Net loss $ (18,471,333) $ (48,976,896)
Adjustments to reconcile net loss to cash used in operating activities    
Change in fair value of warrant liability (4,315,236) (9,327,326)
Change in fair value of investment option liability (3,472,726)
Change in fair value of derivative liability 325,000
Stock-based compensation 2,620,671 12,597,001
Stock issued in lieu of cash for services 33,467
Impairment of intangible assets and goodwill 7,453,662 38,678,918
Non-cash income tax benefit (1,504,302) (7,454,805)
Inducement expense 1,125,291
Amortization of right-of-use asset 107,291 24,969
Amortization of intangible assets 168,750 643,333
Depreciation expense 159,160 13,310
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (374,058) 826,837
Accounts payable and accrued liabilities 263,686 383,199
Right-of-use operating lease liability (107,288) (24,969)
Net cash used in operating activities (17,146,723) (11,457,671)
Cash Flows From Investing Activities:    
Purchases of property and equipment (584,165) (189,719)
Purchase of Diverse Bio license agreement (675,000)
Cash accretive acquisition of MagicMed 3,055,328
Net cash (used in) provided by investing activities (584,165) 2,190,609
Cash Flows From Financing Activities:    
Proceeds from sale of common stock, warrants, and investment options, net of offering costs 17,222,099 21,614,488
Proceeds from the sale of redeemable non-controlling interest, net of offering costs (see Note 8) 958,038
Proceeds from warrant exercises, net of fees 3,285,171
Net cash provided by financing activities 18,180,137 24,899,659
Effect of foreign exchange rate on cash (81,364) 144,942
Net increase in cash 367,885 15,777,539
Cash at beginning of year 17,355,999 1,578,460
Cash at end of year 17,723,884 17,355,999
Supplemental disclosure of cash and non-cash transactions:    
Cash paid for interest 5,249 10,316
Income taxes paid
Investment options issued in conjunction with common stock issuance 4,323,734
Modification of warrants as part of share capital raise 251,357
Warrants issued in conjunction with common stock issuance 3,595,420
Issuance of embedded derivative 402,000
Preferred dividends attributable to redeemable non-controlling interest 33,014
Accretion of embedded derivative to redemption value 295,976
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
Right-of-use assets obtained in exchange for lease liabilities $ 201,653