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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (21,717,172) $ (10,598,515)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 3,821,923 2,400,980
Stock-based 401K company common match 0 35,747
Amortization of debt discount 72,722 0
Depreciation expense 86 4,406
Operating lease expense 180,772 180,775
Finance lease amortization expense 37,417 0
Changes in assets and liabilities:    
Prepaid expenses and other assets (1,171,337) (99,145)
Finance lease right-to-use asset (306,487) 0
Accounts payable 727,987 30,361
Accrued expenses 240,799 188,524
Finance lease liabilities 138,402 0
Operating lease liabilities (205,885) (127,804)
Net cash used in operating activities (18,180,773) (7,984,671)
Cash flows from financing activities:    
Proceeds from issuance of note payable 25,000,000 0
Payment for debt issuance costs (449,329) 0
Proceeds from exercise of stock options 29,917 344,112
Proceeds from issuance of common stock, net of issuance costs 0 48,544,998
Net cash provided by financing activities 24,580,588 48,889,110
Net increase in cash and cash equivalents 6,399,815 40,904,439
Cash and cash equivalents at beginning of period 65,242,622 28,839,565
Cash and cash equivalents at end of period 71,642,437 69,744,004
Supplemental information of cash and non-cash transactions:    
Cash paid for interest 62,500 0
Fair value of warrants issued in connection with debt $ 1,713,741 $ 0