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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (3,220,424) $ (1,520,534)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 72,719 140,583
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (777,443) (828,065)
Accounts payable and accrued expenses (304,184) 199,649
Litigation liability (3,500,000)
Net cash used in operating activities (7,729,332) (2,008,367)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from insurance financing agreement 502,798
Payments to insurance financing agreement (48,847)
Net cash provided by financing activities 453,951
Net change in cash (7,275,381) (2,008,367)
Cash, beginning of period 9,141,512 18,995,284
Cash, end of period $ 1,866,131 $ 16,986,917