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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (106,195,167) $ (19,919,768)
Adjustments to reconcile net loss to net cash used in operating activities:    
Acquired in-process research and development 72,523,293  
Depreciation and amortization 6,666 6,724
Stockbased compensation 16,885,675 3,686,060
Amortization of right of use lease asset 120,795 129,518
Foreign currency (gain) loss (290,777) (269,140)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 2,126,847 1,904,566
Accounts payable 2,288,527 (2,142,301)
Accrued expenses and other liabilities (1,756,495) (2,533,713)
Lease liability (107,306) (135,934)
Net cash used in operating activities (14,397,942) (19,273,988)
Decrease in cash and cash equivalents (14,397,942) (19,273,988)
Effect of exchange rate changes on cash 384,305 60,148
Cash and cash equivalents-beginning of year 53,076,052 89,017,686
Cash and cash equivalents-end of period 39,062,415 $ 69,803,846
Non-cash investing and financing activities:    
Operating lease liabilities arising from obtaining right-of-use assets 123,786  
Issuance of convertible preferred stock and common stock in connection with acquisition $ 70,107,167