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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows From Operating Activities:    
Net loss $ (7,837,798) $ (1,991,497)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 128,198 307,313
Depreciation and amortization expense 29,166 10,573
Bad debt expense 0 933
Change in fair value of accrued issuable equity 66,274 15,853
Stock-based compensation 2,765,959 252,831
Changes in operating assets and liabilities:    
Accounts receivable (494,887) (40,915)
Inventory (135,314) (21,070)
Prepaid expenses and other current assets (300,288) (97,267)
Security deposits (50,213) 0
Right of use asset 84,702 0
Accounts payable (1,806) (254,260)
Accrued expenses and other current liabilities 294,334 (280,129)
Lease liability (82,079) 0
Deferred revenue 138,816 21,600
Total Adjustments 2,442,862 (84,538)
Net Cash Used In Operating Activities (5,394,936) (2,076,035)
Cash Flows From Investing Activities:    
Deposits for equipment purchases (1,029,805) 0
Purchase of property and equipment (357,059) (46,087)
Net Cash Used In Investing Activities (1,386,864) (46,087)
Cash Flows from Financing Activities:    
Proceeds from sale of Series D convertible preferred stock, common stock and warrants 6,500,000 0
Proceeds from sale of common stock [1] 0 1,461,695
Repayments of notes payable (2,450,000) (159,000)
Proceeds from the exercise of warrants 5,206,716 0
Proceeds from Paycheck Protection Program loan 0 155,226
Proceeds from note payable 0 3,710,000
Payment of debt issuance costs 0 (330,000)
Payment of financing costs (365,000) (15,000)
Net Cash Provided By Financing Activities 8,891,716 4,822,921
Net Increase In Cash 2,109,916 2,700,799
Cash - Beginning of Period 8,880,140 108,857
Cash - End of Period 10,990,056 2,809,656
Cash paid during the period for:    
Interest 735 3,890
Income taxes   0
Non-cash investing and financing activities:    
Right of use asset for lease liability 814,817 0
Beneficial conversion feature on Series D convertible preferred stock 2,624,326  
Common stock issued as a commitment fee for the SEDA agreement   63,259
Deferred offering costs reclassified to equity   13,042
Original issuance discount on note payable   290,000
Common stock issued in satisfaction of accrued issuable equity 209,200 0
Common stock issued for repayment of note payable   691,000
Subscriptions receivable for accrued issuable equity   40,000
Series B Convertible Preferred Stock    
Non-cash investing and financing activities:    
Common stock issued upon conversion 70 3
Series C Convertible Preferred Stock    
Non-cash investing and financing activities:    
Common stock issued upon conversion 0 6
Series D Convertible Preferred Stock    
Non-cash investing and financing activities:    
Beneficial conversion feature on Series D convertible preferred stock 2,624,326 0
Common stock issued upon conversion $ 317 $ 0
[1] For the nine months ended September 30, 2020, the amount represents gross proceeds of $2,152,695 less $691,000 withheld by the investor to pay down a portion of the note payable held by the same investor.