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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,379,271) $ (656,495)
Adjustments to reconcile net loss to net cash used in operating activities:    
Non-cash interest expense 30,699 32,300
Stock-based compensation 369,884 130,990
Common stock issued in payment of consulting services and settlement of accounts payable 1,781
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (936,784) (5,998)
Accounts payable and accrued expenses (164,766) 275,026
Net cash used in operating activities (3,080,238) (222,396)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of notes payable (493,480)
Proceeds from related party notes payable 100,000
Repayment of related party notes payable (100,000)
Proceeds from the issuance of stock 425,000
Offering costs related to initial public offering (2,216,793)
Proceeds from initial public offering of common stock 18,000,000
Net cash provided by financing activities 15,289,727 425,000
Net change in cash 12,209,489 202,604
Cash, beginning of period 54,796 [1] 41,536
Cash, end of period 12,264,285 244,140
Supplemental disclosure of cash and non-cash financing activities    
Cash paid for interest 34,707
Cash paid for taxes
Debt issued in payment of consulting services and settlement of accounts payable $ 110,520
[1] Derived from audited financial statements