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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 84,225,000 $ 92,887,030
Accounts receivable 121,394 389,040
Prepaid expenses and other current assets 1,214,231 984,777
Total Current Assets 85,560,625 94,260,847
Restricted cash 5,000,000 5,000,000
Property and equipment, net 4,831,180 6,136,893
Digital assets 56,970
Intangible assets, net 23,833 26,827
Deposits 379,105 379,105
Total Assets 95,851,713 105,803,672
Current Liabilities    
Accounts payable 745,584 341,161
Accrued expenses and other current liabilities 2,768,895 2,966,245
Accrued expenses - related party 1,800,000
Deferred revenue 411,510 141,825
Total Current Liabilities 3,925,989 5,249,231
Deferred rent 1,708,115 1,907,634
Total Liabilities 5,634,104 7,156,865
Commitments and Contingencies (Note 4)
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized, 39,085,470 shares issued and outstanding at September 30, 2022 39,116,907 shares issued and outstanding at December 31, 2021 3,909 3,912
Additional paid in capital 198,528,534 197,784,972
Accumulated deficit (108,494,062) (99,411,683)
Accumulated other comprehensive income 179,228 269,606
Total Stockholders’ Equity 90,217,609 98,646,807
Total Liabilities and Stockholders’ Equity $ 95,851,713 $ 105,803,672