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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash Flows From Operating Activities:      
Net loss $ (2,478,912) $ (13,855,796) $ (9,793,431)
Adjustments to reconcile net loss to cash used in operating activities      
Change in fair value of warrant liability (1,599,623) 115,342 (3,845,514)
Change in fair value of investment option liability (1,809,622) 399,921 (1,809,622)
Change in fair value of derivative liability 231,000 (727,000) 284,000
Stock-based compensation   1,785,432 2,091,299
Amortization of right-of-use asset   64,246 103,365
Amortization of intangible assets 42,191 126,566 126,563
Depreciation expense 44,458 132,734 114,850
Gain on disposal of property and equipment   (4,219)
Change in operating assets and liabilities:      
Prepaid expenses and other current assets   (746,033) (758,419)
Accounts payable and accrued liabilities   429,688 (106,675)
Right-of-use operating lease liability   (64,244) (91,022)
Net cash used in operating activities   (12,343,363) (13,684,606)
Cash Flows From Investing Activities:      
Purchases of property and equipment   (5,195) (577,972)
Proceeds from disposal of property and equipment   16,900
Net cash provided by (used in) investing activities   11,705 (577,972)
Cash Flows From Financing Activities:      
Payment for the deferred offering costs from the equity distribution agreement   (105,000)
Proceeds from sale of common stock, warrants, and investment options, net of offering costs   17,222,100
Redemption of Series A Preferred Stock (see Note 8)   (1,052,057)
Proceeds from the sale of redeemable non-controlling interest, net of offering   958,038
Net cash (used in) provided by financing activities   (1,157,057) 18,180,138
Effect of foreign exchange rate on cash   31,399 (72,554)
Net (decrease) increase in cash   (13,457,316) 3,845,006
Cash at beginning of period   17,723,884 17,355,999
Cash at end of period 21,201,005 4,266,568 21,201,005
Supplemental disclosure of cash and non-cash transactions:      
Cash paid for interest   5,114
Income taxes paid   6,595
Warrants issued in conjunction with common stock issuance   3,595,420
Issuance of embedded derivative   402,000
Issuance of redeemable non-controlling Series C preferred stock  
Offering costs accrued not paid   20,800
Preferred dividends attributable to redeemable non-controlling interest 12,603 19,041 20,411
Accretion of embedded derivative to redemption value $ 110,991 147,988 184,985
Investment options issued in conjunction with common stock issuance   4,323,734
Modification of warrants as part of share capital raise   $ 251,357