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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Revenue $ 278,831 $ 192,547 $ 292,685 $ 346,413
Operating expenses        
Research and development 552,988 868,410 1,637,247 3,443,147
General and administrative 1,756,801 1,010,010 7,060,681 3,543,018
Impairment loss on operating lease right-of-use asset 0 0 3,513,999 0
Total operating expenses 2,309,789 1,878,420 12,211,927 6,986,165
Loss from operations (2,030,958) (1,685,873) (11,919,242) (6,639,752)
Other (expense) income        
Interest income 3 6 29 2,108
Interest expense (1,219,999) (617) (2,279,933) (4,622)
Fair value adjustment to convertible note 0 (87,220) 0 (87,220)
Fair value adjustment to warrant liability 2,218,040 0 2,030,182 0
Fair value adjustment to derivative 1,397,379 0 837,146 0
Other (expense) income 46,122 19,092 45,713 342,281
Loss on extinguishment of debt 0 0 (1,014,368) 0
Total other (expense) income, net 2,441,545 (68,739) (381,231) 252,547
Income (loss) before income tax expense 410,587 (1,754,612) (12,300,473) (6,387,205)
Income tax benefit 0 41,700 0 51,000
Net income (loss) 410,587 (1,712,912) (12,300,473) (6,336,205)
Other comprehensive income (loss):        
Foreign currency translation 19,124 35,963 101,066 (28,623)
Total comprehensive income (loss) $ 429,711 $ (1,676,949) $ (12,199,407) $ (6,364,828)
Weighted average number of shares outstanding, basic (in Shares) 21,638,096 17,162,742 20,586,905 17,199,290
Basic net income (loss) per share (in Dollars per share) $ 0.02 $ (0.1) $ (0.59) $ (0.37)
Weighted Average Number of Shares Outstanding, Diluted 35,966,820 17,162,742 20,586,905 17,199,290
Diluted net income (loss) per share (in Dollars per share) $ 0.01 $ (0.1) $ (0.59) $ (0.37)