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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (9,668,755) $ (9,400,257)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,588 3,812
Stock‑based compensation 1,822,562 905,471
Amortization of right of use lease asset 72,416 63,962
Foreign currency loss (gain) (521,983) (2,247,891)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 931,576 864,937
Accounts payable (1,046,891) 829,836
Accrued expenses and other liabilities (3,038,763) 1,656,216
Lease liability (75,856) (217,711)
Net cash used in operating activities (11,522,106) (7,541,625)
Cash flows from investing activities:    
Purchases of property and equipment   (12,165)
Net cash used in investing activities   (12,165)
Cash flows from financing activities:    
Proceeds from the exercise of stock options   29,523
Net cash provided by financing activities   29,523
Decrease in cash and cash equivalents (11,522,106) (7,524,267)
Effect of exchange rate changes on cash 120,494 (51,245)
Cash and cash equivalents—beginning of year 89,017,686 130,088,869
Cash and cash equivalents—end of period $ 77,616,074 $ 122,513,357