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Condensed Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (5,070,686) $ (2,057,207)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 298,847 142,785
Stock-based compensation 259,206 260,348
Unrealized loss on investments, net (112,500) 185,122
Reduction in the carrying amount of right-of-use asset 209 209
Changes in operating assets and liabilities:    
Accounts receivable 164,967 (420,007)
Prepaid expenses and other assets 182,294 1,380,215
Accounts payable and other liabilities 718,675 (1,071,084)
Operating lease liability (79,225) (12,543)
Net cash used in operating activities (3,638,213) (1,592,162)
Cash flows from investing activities:    
Purchases of property and equipment (300,385) (23,554)
Proceeds for sale or maturities of short-term investments 0 7,999,840
Net cash (used in) provided by investing activities (300,385) 7,976,286
Cash flows from financing activities:    
Proceeds from issuance of common stock 1,901 2,273
Net cash provided by financing activities 1,901 2,273
Net changes in cash and cash equivalents (3,936,697) 6,386,397
Cash and cash equivalents at the beginning of the period 22,326,356 11,730,677
Cash and cash equivalents at the end of the period 18,389,659 18,117,074
Supplemental disclosure of cash flow information:    
Cash paid for interest 93,438 0
Noncash operating, investing and financing activities:    
Operating lease liabilities arising from obtaining right-of-use assets 0 306,509
Purchases of property and equipment included in accounts payable and other liabilities $ 849,755 $ 0