XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 12,216,359 $ 16,612,315
Research and development tax incentive receivable 188,771 186,507
Prepaid assets and other current assets 1,555,309 2,226,344
Total current assets 13,960,439 19,025,166
Operating lease right-of-use asset, net 177,473 196,044
Property and equipment, net 2,226,399 3,078,342
Note receivable - Augmenta 1,839,692 1,812,975
Other assets 7,688 7,688
Total assets 18,211,691 24,120,215
Current liabilities:    
Accounts payable 1,344,431 919,607
Accrued compensation   4,430
Deferred research grant revenue 151,000 126,000
Current portion of operating lease liability 81,412 80,625
Total current liabilities 1,576,843 1,130,662
Operating lease liability, net of current portion 91,524 110,094
Total liabilities 1,668,367 1,240,756
Commitments and contingencies (see Note 4)
Stockholders’ equity:    
Common stock; $0.001 par value, 90,000,000 shares and 45,000,000 shares authorized as of March 31, 2023 and December 31, 2022, respectively; 36,193,085 shares issued and outstanding 36,193 36,193
Additional paid-in capital 120,804,884 120,070,983
Accumulated other comprehensive loss (157,964) (139,295)
Accumulated deficit (104,139,789) (97,088,422)
Total stockholders’ equity 16,543,324 22,879,459
Total liabilities and stockholders’ equity $ 18,211,691 $ 24,120,215