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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (8,473,522) $ (3,048,618)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,128,973 257,622
Stock-based 401K company common match 0 35,747
Depreciation expense 86 1,860
Operating lease expense 60,257 60,257
Changes in assets and liabilities:    
Prepaid expenses and other assets (251,837) (721,849)
Accounts payable 1,436,306 (464,626)
Accrued expenses (226,236) 119,473
Operating lease liabilities (43,036) (42,057)
Net cash used in operating activities (6,369,009) (3,802,191)
Cash flows from financing activities:    
Proceeds from exercise of stock options 7,488 0
Net cash provided by financing activities 7,488 0
Net decrease in cash and cash equivalents (6,361,521) (3,802,191)
Cash and cash equivalents at beginning of period 65,242,622 28,839,565
Cash and cash equivalents at end of period $ 58,881,101 $ 25,037,374