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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating activities    
Net Income (Loss) $ (1,579,820) $ (2,243,070)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 254,029 284,572
Interest expense 124,658 123,288
Non-cash lease expense   37,676
Change in operating assets and liabilities:    
Accounts receivable, net (778,833) (62,470)
Prepaid expenses and other current assets 222,045 281,568
Inventories (106,936) (75,489)
Accounts payable and accrued expenses 343,596 251,613
Accrued compensation (1,058,129) (190,907)
Operating lease liabilities   (37,676)
Net cash used in operating activities (2,579,390) (1,630,895)
Financing activities    
Proceeds from February 2024 Offering, net of issuance costs 6,718,212  
Payment of February 2024 Offering costs (426,293)  
Proceeds from amendment and exercise of Series B Warrants, net of issuance costs 1,250,800  
Net cash provided by financing activities 7,542,719  
Net increase (decrease) in cash and cash equivalents 4,963,329 (1,630,895)
Cash and cash equivalents at beginning of period 4,739,426 9,843,699
Cash and cash equivalents at end of period 9,702,755 $ 8,212,804
Supplemental disclosure of non-cash financing activities    
Offering costs included in accounts payable $ 20,926