XML 30 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 49,635,197 $ 290,670
Prepaid expenses and other current assets 1,620,164 8,672
Total current assets 51,255,361 299,342
Restricted cash 50,389 50,367
Deferred offering costs 0 117,631
Total assets 51,305,750 467,340
Current liabilities:    
Convertible promissory notes 0 5,829,292
Note payable—current 0 55,014
Accounts payable 1,826,294 2,707,861
Accrued expenses and other current liabilities 1,207,121 955,989
Total current liabilities 3,033,415 9,548,156
Note payable—noncurrent 0 69,040
Total liabilities 3,033,415 9,617,196
Commitments and Contingencies (Note 9)
Convertible preferred stock and redeemable common stock (no shares authorized at December 31, 2021):    
Temporary equity, carrying amount 0 7,771,223
Stockholders’ equity (deficit):    
Preferred stock—$0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding $ 0 $ 0
Common stock, shares authorized (in shares) 100,000,000 100,000,000
Common stock—$0.001 par value; 100,000,000 shares authorized; 15,966,053 and 331,789 shares issued and outstanding at December 31, 2021 and 2020, respectively $ 15,966 $ 332
Additional paid-in capital 77,510,809 1,876,159
Accumulated deficit (29,254,440) (18,797,570)
Total stockholders’ equity (deficit) 48,272,335 (16,921,079)
Total liabilities, convertible preferred stock, redeemable common stock and stockholders’ equity (deficit) 51,305,750 467,340
Series A Preferred Stock    
Convertible preferred stock and redeemable common stock (no shares authorized at December 31, 2021):    
Temporary equity, carrying amount 0 1,400,935
Series Seed Preferred Stock    
Convertible preferred stock and redeemable common stock (no shares authorized at December 31, 2021):    
Temporary equity, carrying amount 0 6,341,288
Redeemable Common Stock    
Convertible preferred stock and redeemable common stock (no shares authorized at December 31, 2021):    
Temporary equity, carrying amount $ 0 $ 29,000