Capital Management

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Capital Management

Note 3: CAPITAL MANAGEMENT

While the Company believes that its current cash on hand is sufficient to meet operating and capital requirements for the next twelve months, there is substantial doubt about continuing as a going concern that the Company will be able to meet such requirements. The Company may need to raise further capital, through the sale of additional equity or debt securities or otherwise, to support its future operations. The Company’s operating needs include the planned costs to operate its business, including amounts required to fund working capital and capital expenditures. If the Company is unable to secure additional capital, it may be required to curtail its research and development initiatives and take additional measures to reduce costs in order to conserve its cash.

Capital is comprised of the Company’s shareholders’ equity. As of December 31, 2021, the Company’s shareholders’ equity was $37,460. There were no changes to the Company’s approach to capital management during the twelve months ended December 31, 2021.