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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (22,690,342) $ (9,751,311)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 57,808 55,319
Stock-based compensation 6,989,942 2,610,412
Provision for losses on accounts receivable 50,079 0
Changes in operating assets and liabilities:    
Accounts receivable (96,225) 12,226
Insurance deposits (1,462,171) (749,454)
Other current assets (477,574) (51,154)
Accounts payable 1,420,333 596,840
Accrued liabilities 1,918,592 1,159,323
Insurance reserve (149,430) 188,223
Deferred revenues (33,240) (10,564)
Net cash used in operating activities (14,472,228) (5,940,140)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Net cash used in investing activities 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from sale of common stock 29,727,500 72,160
Offering costs associated with public offering (2,126,305) 0
Proceeds from exercise of stock options 159,521 0
Proceeds from note payable 0 2,004,175
Principal repayment on note payable 0 (5,000)
Proceeds from exercise of warrants 124,540 0
Net cash provided by financing activities 27,885,256 2,071,335
Increase (decrease) in cash, cash equivalents and restricted cash 13,413,028 (3,868,805)
Cash, cash equivalents and restricted cash    
Cash, cash equivalents and restricted cash - beginning of period 4,923,515 10,657,140
Cash, cash equivalents and restricted cash - end of period 18,336,543 6,788,335
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets    
Cash and cash equivalents 16,743,483 6,788,335
Restricted cash 1,593,060 0
Total cash, and cash equivalents and restricted cash to the consolidated balance sheets 18,336,543 6,788,335
Supplemental disclosures of cash flow information:    
Interest expense 0 19
Income taxes $ 800 $ 800