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Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows From Operating Activities    
Net loss $ (5,739,366) $ (7,339,665)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 819,064 908,987
Depreciation of property and equipment 63,119 75,432
Amortization of debt discount 149,490 26,215
Amortization of operating lease right-of-use asset 133,907 89,718
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (212,025) (907,774)
License fee and expense reimbursements receivables 210,109 440,756
Deferred clinical supply costs (1,067,714)  
Accounts payable (26,207) (79,340)
Accrued compensation (1,110,002) (868,224)
Accrued expenses and other current liabilities (42,933) (441,012)
Lease liabilities (136,150) (89,492)
Net Cash Used In Operating Activities (6,958,708) (8,184,399)
Cash Flows From Investing Activities    
Purchases of property and equipment (920,865) (174,567)
Vendor deposits for property and equipment 82,813 (33,095)
Net Cash Used In Investing Activities (838,052) (207,662)
Cash Flows From Financing Activities    
Proceeds from sale of common stock and warrants in direct offering [1]   14,981,299
Proceeds from sale of common stock in At the Market offering [2] 3,607,827 860,365
Payment of issuance costs for At the Market offering (108,235)  
Repayments of notes payable (100,030) (111,793)
Payment of offering issuance costs   (83,391)
Net Cash Provided By Financing Activities 3,399,562 15,646,480
Net (Decrease) Increase in Cash and Cash Equivalents (4,397,198) 7,254,419
Cash, cash equivalents and restricted cash - Beginning of Period 22,863,520 27,336,850
Cash, cash equivalents and restricted cash - End of Period 18,466,322 34,591,269
Cash, cash equivalents and restricted cash consisted of the following:    
Cash and cash equivalents 18,466,322 26,716,269
Restricted cash   7,875,000
Total 18,466,322 34,591,269
Supplemental Disclosure of Cash Flow Information:    
Interest 304,512 95,585
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Purchase of insurance premium financed by note payable 609,140 675,331
Recognition of right-of-use asset for lease liability upon adoption of ASU 2016-02   618,906
Right-of-use assets obtained in exchange for lease liabilities 350,473 79,181
Cashless exercise of stock options $ 2  
Issuance of common stock related to vested restricted stock units   $ 2
[1] Includes gross proceeds of $14,981,299, of which $5,741,299 is pre-funded warrants.
[2] Includes gross proceeds of $886,974, less total issuance costs of $26,609