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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows used in operating activities    
Net loss $ (7,004,310) $ (2,182,820)
Adjustments to reconcile net loss to net cash flows used in operating activities    
Depreciation 309 237
Stock based compensation expense 3,172,100 832
Amortization of right-of-use asset 6,978
Changes in operating assets and liabilities:    
(Increase) decrease in other current assets (69,608) 68,707
Increase in accounts payable and accrued expenses 416,045 190,925
(Decrease) increase in accounts payable - related parties 20,675 66,474
Decrease in interest payable - related parties 0 (167,497)
Lease liability (6,874) 0
Net cash flows used in operating activities (3,464,685) (2,023,142)
Cash flows from investing activities    
Payment for security deposit (7,995) 0
Purchase of fixed assets (41,273) 0
Net cash flows used in investing activities (49,268) 0
Decrease in cash and cash equivalents (3,513,953) (2,023,142)
Cash and cash equivalents at beginning of period 12,185,248 15,397,524
Cash and cash equivalents at end of period 8,671,295 13,374,382
Supplemental disclosure of cash flow information:    
Interest paid in cash 0 167,497
Income taxes paid in cash 0 0
Supplemental disclosure of noncash financing activities:    
Stock based compensation issued for prepaid services $ 260,997 $ 0