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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 9,725,755 $ 16,612,315
Research and development tax incentive receivable 361,485 186,507
Prepaid assets and other current assets 805,659 2,226,344
Total current assets 10,892,899 19,025,166
Operating lease right-of-use asset, net 139,230 196,044
Property and equipment, net 2,064,354 3,078,342
Note receivable - Augmenta 1,781,000 1,812,975
Other assets 7,688 7,688
Total assets 14,885,171 24,120,215
Current liabilities:    
Accounts payable 983,287 919,607
Accrued compensation 4,430
Deferred research grant revenue 76,000 126,000
Current portion of operating lease liability 82,725 80,625
Total current liabilities 1,142,012 1,130,662
Operating lease liability, net of current portion 52,230 110,094
Total liabilities 1,194,242 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 September 30, 2023 and December 31, 2022, respectively; 59,133,574 and 36,193,085 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 59,134 36,193
Additional paid-in capital 127,404,746 120,070,983
Accumulated other comprehensive loss (203,712) (139,295)
Accumulated deficit (113,569,239) (97,088,422)
Total stockholders’ equity 13,690,929 22,879,459
Total liabilities and stockholders’ equity $ 14,885,171 $ 24,120,215