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Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating activities    
Net loss $ (13,154,671) $ (7,125,655)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,628,558 1,373,958
Change in operating assets and liabilities:    
Prepaid expenses and other assets (396,834) (116,676)
Inventory (236,480)
Accounts payable and accrued liabilities 416,426 106,280
Accrued interest expense 112,994
Milestone payable 5,000,000
Net cash used in operating activities (6,630,007) (5,762,093)
Financing activities    
Proceeds from issuance of common stock from ATM, net 3,595,713 6,106,922
Proceeds from issuance of common stock from employee stock purchase plan 119,416
Proceeds from issuance of common stock from stock options exercises 215,816
Proceeds from paycheck protection program 104,168
Proceeds from Eversana line of credit 5,000,000
Net cash provided by financing activities 9,035,113 6,106,922
Net increase in cash and cash equivalents 2,405,106 344,829
Cash and cash equivalents at beginning of period 5,663,833 5,319,004
Cash and cash equivalents at end of period $ 8,068,939 $ 5,663,833