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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,551,105) $ (4,980,183)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,986,816 8,555
Amortization on right of use asset 223,047 0
Amortization of debt issuance costs 1,778 0
Accrued interest on Convertible Notes 280,000 0
Realized and unrealized gain on marketable securities (4,427) (3,574)
Provision for doubtful accounts 227,838 0
Stock-based compensation expense 9,300,443 28,329
Change in fair value of warrant liability (878,481) 0
Issuance of warrants in connection with transaction expenses 389,976 0
Change in operating assets and liabilities:    
Accounts receivable (1,663,929) (22,996)
Contract assets (840,062) (196,701)
Prepaid expenses (681,884) (95,614)
Changes in lease liabilities during the year (248,561) 0
Deposits and other assets (705,735) 0
Accounts payable (204,413) 641,201
Accrued expenses 1,614,705 211,365
Deferred revenues 496,448 158,884
Net cash used in operating activities (17,257,546) (4,250,734)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Additions to property and equipment (1,443,042) (51,494)
Purchase of marketable securities (34,902,392) (11,348,503)
Sale of marketable securities 34,009,302 0
Cash acquired as part of business combination 1,310,977 0
Net cash used in investing activities (1,025,155) (11,399,997)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Stockholders' contributions 0 16,315,700
Proceeds from exercise of MOR Class B options 292,830 0
Payments on notes payable and financing arrangements (7,679) 0
Proceeds from exercise of common stock options 48,570 0
Proceeds from sale of common stock 11,968,652 0
Proceeds from the issuance of convertible notes payable 23,978,670 0
Net cash provided by financing activities 36,281,043 16,315,700
Net change in cash 17,998,342 664,969
Cash and cash equivalents, beginning of year 665,463 494
Cash and cash equivalents, end of year 18,663,805 665,463
Supplemental disclosure of cash flow information    
Cash paid for interest 724 0
Cash paid for taxes 0 0
Non-cash Investing and Financing Activities:    
Conversion of promissory notes to Series S units 0 184,300
Non-cash consideration for Helix acquisition $ 18,454,784 $ 0