XML 25 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 2,180,525 $ 4,015,128
Marketable securities 4,036,014 5,933,364
Accounts receivable, net of allowance for doubtful accounts of $6,016 21,214 30,714
Other receivables 60,000 34,965
Inventory 165,852 224,155
Prepaid expenses 171,859 186,056
Total current assets 6,635,464 10,424,382
Other assets    
Property and equipment, net 530,108 265,267
Operating lease right-of-use asset 1,129,715
Other assets 118,954 50,488
Total assets 8,414,241 10,740,137
Current liabilities    
Accounts payable 622,436 871,364
Accrued expenses 495,462 311,405
Non-convertible promissory notes - current 1,375,000
Current portion of operating lease liability 110,114
Total current liabilities 1,228,012 2,557,769
Non-current liabilities    
Operating lease liability, less current portion 1,444,343
Non-convertible promissory notes - long-term 1,375,000
Total non-current liabilities 2,819,343
Total liabilities 4,047,355 2,557,769
Commitments and contingencies (Note 14)
Stockholders’ equity    
Preferred stock, $0.00001 par value; 20,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.00001 par value; 80,000,000 shares authorized; 11,886,379 shares issued and outstanding 119 119
Additional paid-in capital 22,853,000 22,596,100
Accumulated deficit (18,508,684) (14,413,851)
Accumulated other comprehensive income 22,451  
Total stockholders’ equity 4,366,886 8,182,368
Total liabilities and stockholders’ equity $ 8,414,241 $ 10,740,137