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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net loss $ (14,286,756) $ (112,662,027) $ (37,127,303)
Adjustments to reconcile net loss to net cash used in operating activities:      
Acquired in-process research and development   72,523,293  
Depreciation and amortization 7,052 4,403 12,829
Stockbased compensation 444,459 16,981,266 7,813,743
Amortization of right of use lease asset   182,042 258,848
Foreign currency loss (gain) 38,926 (281,534) (317,402)
Changes in operating assets and liabilities:      
Prepaid expenses and other current assets 451,994 2,190,086 (109,338)
Accounts payable 827,463 (858,513) (2,730,587)
Accrued expenses (189,720) (2,903,450) (5,218,241)
Deferred grant revenue 528,974    
Lease liability   (186,702) (268,728)
Net cash used in operating activities (12,177,608) (25,011,136) (37,686,179)
Cash flows from investing activities:      
Purchases of property and equipment (93,093)    
Net cash used in investing activities (93,093)    
Cash flows from financing activities:      
Proceeds from the exercise of stock options     208,367
Proceeds from issuance of common stock 5,788,918 682,973 1,538,645
Common stock issuance costs (648,928)    
Net cash provided by financing activities 5,139,990 682,973 1,747,012
Change in cash and cash equivalents and restricted cash (7,130,711) (24,328,163) (35,939,167)
Effect of exchange rate changes on cash (8,399) 38,758 (2,467)
Cash, cash equivalents and restricted cash-beginning of year 28,786,647 53,076,052 89,017,686
Cash, cash equivalents and restricted cash-end of year 21,647,537 28,786,647 53,076,052
Reconciliation of cash, cash equivalents and restricted cash      
Cash and cash equivalents 21,606,820 28,786,647 53,076,052
Restricted cash 40,717    
Total cash, cash equivalents and restricted cash $ 21,647,537 28,786,647 53,076,052
Non-cash investing and financing activities:      
Operating lease liabilities arising from obtaining right-of-use assets   123,786 $ 124,043
Issuance of convertible preferred stock and common stock in connection with acquisition   $ 70,107,167