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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net loss $ (3,868,074) $ (2,425,721)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation, amortization and impairment 8,466 118,941
Equity-based compensation expense 71,314 41,441
Change in fair value of warrant liability (220,435) 0
Changes in operating assets and liabilities:    
Grants receivable (1,834,439) 0
Prepaid expenses and other current assets 617,709 (108,034)
Accounts payable (741,018) 1,008,454
Accrued expenses and other current liabilities 298,369 (486,641)
Due to/from related party 0 1,256
Deferred revenue (541,701) (1,551,412)
Net cash used in operating activities (6,184,809) (3,401,716)
Financing activities    
Proceeds from issuance of equity securities, net 9,592,325 1,508,179
Distribution to members 0 (99,758)
Proceeds from warrants exercised for cash 578,714 0
Payments on note payable (502,332) 0
Net cash provided by financing activities 9,668,707 1,408,421
Net increase (decrease) in cash, cash equivalents and restricted cash 3,483,898 (1,993,295)
Cash, cash equivalents and restricted cash at beginning of period 3,738,900 6,131,781
Cash, cash equivalents and restricted cash at end of period 7,222,798 4,138,486
Supplemental disclosure of cash flow information:    
Cash paid for interest 4,275 0
Non-cash investing and financing activities:    
Accrued issuance costs for public offering 125,159 0
Issuance of shares for license 0 110,474
Conversion of liabilities to equity 0 2,869,412
Nonemployee    
Adjustments to reconcile net loss to net cash used in operating activities:    
Equity-based compensation expense $ 25,000 $ 0