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STATEMENTS OF CASH FLOW (UNAUDITED) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (10,522,651) $ (5,108,985)
Adjustments to reconcile net loss to net cash used in operating activities    
Warrants issued for services 11,001 74,646
Stock options issued for services 788,196 474,090
Cashless option exercise 3,530,191 0
Common stock issued for services and fees 1,333,628 91,648
Depreciation and amortization of patents 642,150 589,358
Paycheck Protection Program loan forgiveness (410,700) 0
(Increase) decrease in assets    
Prepaid expenses and other current assets 220,616 (254,834)
(Decrease) increase in liabilities    
Accounts payable 18,259 186,749
Accrued expenses 108,802 (12,746)
Accounts payable and accrued expenses- related parties 12,342 56,096
Deferred lease liability (31,333) (31,334)
Paycheck Protection Program loan 0 410,700
Net cash used in operating activities (4,299,499) (3,524,612)
CASH FLOWS FROM INVESTING ACTIVITIES    
Cost of intangibles (15,400) (39,564)
Purchase of property and equipment (846,576) (45,730)
Net cash used in investing activities (861,976) (85,294)
CASH FLOWS FROM FINANCING ACTIVITIES    
Exercise of options and warrants 1,401,475 0
Cashless option exercise tax payments (1,311,988) 0
Issuance of common stock, institutional investor 13,973,249 4,071,551
Repayment of equipment purchase payable (13,107) (497,678)
Net cash provided by financing activities 14,049,629 3,573,873
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 8,888,154 (36,033)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 3,306,590 2,236,344
CASH AND CASH EQUIVALENTS - END OF PERIOD $ 12,194,744 $ 2,200,311