XML 21 R6.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Cash Flows
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Cash flow from operating activities:    
Net loss $ (13,983,967) $ (25,737,634)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 739,316 1,313,075
Vesting expense 2,038 166,312
Common stock issued to non-employees 299,430 356,125
Gain on valuation of equity-linked instruments and derivative liability (12,457) (115,647)
Loss on impairment of goodwill 0 7,231,093
Loss on impairment of finite-lived intangible assets 0 3,349,375
Loss on impairment of property and equipment 162,905 185,469
Loss on property and equipment disposal 903 14,346
us-gaap_IncreaseDecreaseInAccountsReceivable 2,501 (23,000)
Inventories (63,881) (42,808)
Prepaid expense and other assets (43,377) 78,425
Accounts payable 398,575 (78,322)
Accrued expenses and other liabilities (397,851) 869,987
Contract liabilities (293,982) 41,819
Other long-term liabilities 5,459 (25,415)
Net cash used in operating activities: (13,189,390) (12,370,800)
Cash flow from investing activities:    
Purchase of property and equipment (276,352) (419,869)
Acquisition of intangibles (26,019) (55,828)
Net cash used in investing activities (302,371) (475,697)
us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract    
Proceeds from issuance of common stock and warrants, net 0 6,507,050
Proceeds from issuance of common stock pursuant to equity line 0 236,009
Repurchase of common stock upon vesting of restricted stock units (1,510) (27,654)
Proceeds from note payable 364,721 0
Repayment of note payable (214,313) 0
Net cash provided by financing activities 148,898 6,715,405
Net decrease in cash (13,342,863) (6,131,092)
Cash at beginning of period 22,071,523 28,202,615
Cash at end of period 8,728,660 22,071,523
us-gaap_SupplementalCashFlowInformationAbstract    
Cash payments for interest 13,904 3,821
Adjustment to goodwill for acquisition of zPREDICTA contract liabilities 0 373,303
Right-of-use assets obtained in exchange for lease liabilities 2,997,181 0
Series F Preferred Stock dividend 794 0
Common stock issued to settle accrued board of directors’ and advisory board compensation 189,896 0
Redemption of Series F Preferred Stock (794) 0
Restricted Stock Units (RSUs) [Member]    
us-gaap_SupplementalCashFlowInformationAbstract    
Common stock issued to settle accrued board of directors’ and advisory board compensation 4,934 0
Reverse Stock Split [Member]    
us-gaap_SupplementalCashFlowInformationAbstract    
Common stock issued to settle accrued board of directors’ and advisory board compensation $ 253 $ 0