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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:    
Net loss $ (12,671,812) $ (7,208,038)
Adjustment to reconcile net loss to net cash used in operating activities:    
Stock based compensation 1,267,320 378,607
Changes in operating assets and liabilities:    
Prepaid assets 519,816 (261,204)
Accounts payable 501,877 181,307
Net cash used in operating activities (10,382,799) (6,909,328)
Cash flows from investing activities:    
Purchases of property and equipment (293,243)
Net cash used in investing activities (293,243)
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of issuance costs 24,280,283
Proceeds from issuance of preferred stock 7,198,226
Net cash provided by financing activities 24,280,283 7,198,226
Effect of exchange rate changes on cash and cash equivalents (81,286)
Net change in cash and cash equivalents 13,522,955 288,898
Cash and cash equivalents at beginning of period 28,094,936 10,261,671
Cash and cash equivalents at end of period 41,617,891 10,550,569
Supplemental disclosure of non-cash investing and financing activities:    
Accrued offering costs 81,153
Accrued dividend 768,876
Cashless exercise of warrants 506
Issuance of common stock for accrued research and development expense 1,132,013
Purchases of property and equipment included in accounts payable $ 652,122