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Condensed Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,379,977 $ 2,329,218
Inventory 412,038  
Prepaid expenses 800,777 759,292
Deferred financing costs   408,000
Other current assets 14,638 20,188
Total current assets 7,607,430 3,516,698
Property and equipment, net 202,097 214,578
Other assets:    
Goodwill 7,647,267 7,647,267
Other non-current assets 215,302 245,683
Total assets 15,672,096 11,624,226
Current liabilities:    
Accounts payable 1,602,316 3,813,280
Accrued expenses 4,316,305 3,657,394
Deferred collaboration funding, current 2,890,097 8,412,971
Other current liabilities 742,323 741,425
Convertible note payable, current, at fair value 11,392,167  
SWK Loans payable, current, at fair value 17,057,110 2,326,630
Total current liabilities 38,000,318 18,951,700
Deferred collaboration funding, non-current 3,661,868  
SWK Loans payable, non-current, at fair value   3,240,601
Convertible note payable, at fair value   6,047,532
Other non-current liabilities 123,509 145,665
Total liabilities 41,785,695 28,385,498
Commitments and Contingencies (Note 8)
Stockholders’ deficit:    
Preferred stock, $0.0001 par value; authorized 10,000,000 shares; none issued and outstanding
Common stock, $0.0001 par value; authorized 150,000,000 shares; 16,373,611 and 14,310,244 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 2,342 1,962
Additional paid-in capital 130,912,034 123,984,035
Accumulated deficit (157,027,975) (140,747,269)
Total stockholders’ deficit (26,113,599) (16,761,272)
Total liabilities and stockholders’ deficit $ 15,672,096 $ 11,624,226