XML 24 R5.htm IDEA: XBRL DOCUMENT v3.22.2.2
Statements of Convertible Preferred Stock, Stockholders' Deficit And Members' Capital (Unaudited) - USD ($)
Total
Previously Reported
Series A Convertible Preferred Stock
Convertible Preferred Stock
Common Stock
Capital Units
Capital Units
Previously Reported
Incentive Units
Incentive Units
Previously Reported
Additional Paid-in Capital
Additional Paid-in Capital
Previously Reported
Accumulated Deficit
Accumulated Deficit
Previously Reported
Beginning Balance at Dec. 31, 2020   $ (151,915)         $ 10,681,040       $ 918,922   $ (11,448,047)
Beginning Balance, Shares at Dec. 31, 2020             9,429,006   1,987,474        
Vesting of incentive units, Shares               25,416          
Stock-based compensation expense $ 13,878                 $ 13,878      
Net loss (533,405)                     $ (533,405)  
Ending Balance at Mar. 31, 2021 367,612         $ 10,681,040       932,800   (11,981,452)  
Ending Balance, Shares at Mar. 31, 2021           9,429,006   2,012,890          
Beginning Balance at Dec. 31, 2020   (151,915)         $ 10,681,040       918,922   (11,448,047)
Beginning Balance, Shares at Dec. 31, 2020             9,429,006   1,987,474        
Net loss (2,513,975)                        
Ending Balance at Jun. 30, 2021       $ 18,747,780                  
Ending Balance, Shares at Jun. 30, 2021       12,916,682                  
Ending Balance at Jun. 30, 2021 (12,004,778)                 1,957,244   (13,962,022)  
Beginning Balance at Dec. 31, 2020   $ (151,915)         $ 10,681,040       $ 918,922   $ (11,448,047)
Beginning Balance, Shares at Dec. 31, 2020             9,429,006   1,987,474        
Stock-based compensation expense                   42,556      
Ending Balance at Mar. 31, 2022       $ 20,857,453                  
Ending Balance, Shares at Mar. 31, 2022       13,802,758                  
Ending Balance at Mar. 31, 2022 (17,093,656)       $ 105         2,685,459   (19,779,220)  
Ending Balance, Shares at Mar. 31, 2022         1,044,302                
Beginning Balance at Mar. 31, 2021 367,612         $ 10,681,040       932,800   (11,981,452)  
Beginning Balance, Shares at Mar. 31, 2021           9,429,006   2,012,890          
Issuance of convertible preferred stock, net of issuance costs       $ 8,066,740                  
Issuance of convertible preferred stock, net of issuance costs, Shares       3,487,676                  
Vesting of incentive units, Shares               7,523          
Conversion of capital units into convertible preferred stock, Temporary equity value       $ 10,681,040                  
Conversion of capital units into convertible preferred stock, Temporary equity shares       9,429,006                  
Conversion of capital units into convertible preferred stock, Value (10,681,040)         $ (10,681,040)              
Conversion of capital units into convertible preferred stock, Shares           (9,429,006)              
Cancellation of incentive units upon corporate reorganization, Shares               2,020,413          
Stock-based compensation expense 1,024,444                 1,024,444      
Net loss (1,980,570)                     (1,980,570)  
Ending Balance at Jun. 30, 2021       $ 18,747,780                  
Ending Balance, Shares at Jun. 30, 2021       12,916,682                  
Ending Balance at Jun. 30, 2021 (12,004,778)                 1,957,244   (13,962,022)  
Retroactive application of reverse recapitalization         $ (369)         369      
Retroactive application of reverse recapitalization, Shares         (91,557)                
Beginning Balance at Dec. 31, 2021       $ 20,857,453                  
Beginning Balance, Shares at Dec. 31, 2021       13,802,758                  
Beginning Balance at Dec. 31, 2021 (14,686,247)       $ 400         2,213,178   (16,899,825)  
Beginning Balance, Shares at Dec. 31, 2021         400,000                
Balance as adjusted at Dec. 31, 2021 (14,686,247)     $ 20,857,453 $ 31         2,213,547   (16,899,825)  
Balance as adjusted, Shares at Dec. 31, 2021       13,802,758 308,443                
Issuance of common stock upon exercise of stock options 429,430       $ 74         429,356      
Common stock exercised         735,859                
Stock-based compensation expense 42,556                        
Net loss (2,879,395)                     (2,879,395)  
Ending Balance at Mar. 31, 2022       $ 20,857,453                  
Ending Balance, Shares at Mar. 31, 2022       13,802,758                  
Ending Balance at Mar. 31, 2022 (17,093,656)       $ 105         2,685,459   (19,779,220)  
Ending Balance, Shares at Mar. 31, 2022         1,044,302                
Beginning Balance at Dec. 31, 2021       $ 20,857,453                  
Beginning Balance, Shares at Dec. 31, 2021       13,802,758                  
Beginning Balance at Dec. 31, 2021 (14,686,247)       $ 400         2,213,178   (16,899,825)  
Beginning Balance, Shares at Dec. 31, 2021         400,000                
Balance as adjusted at Dec. 31, 2021 $ (14,686,247)     $ 20,857,453 $ 31         2,213,547   (16,899,825)  
Balance as adjusted, Shares at Dec. 31, 2021       13,802,758 308,443                
Common stock exercised 1,385,310                        
Net loss $ (11,964,663)                        
Ending Balance at Jun. 30, 2022     $ 4,345,022                    
Ending Balance, Shares at Jun. 30, 2022     4,305                    
Ending Balance at Jun. 30, 2022 (1,792,079)       $ 1,594         27,070,815   (28,864,488)  
Ending Balance, Shares at Jun. 30, 2022         15,937,185                
Beginning Balance at Mar. 31, 2022       $ 20,857,453                  
Beginning Balance, Shares at Mar. 31, 2022       13,802,758                  
Beginning Balance at Mar. 31, 2022 (17,093,656)       $ 105         2,685,459   (19,779,220)  
Beginning Balance, Shares at Mar. 31, 2022         1,044,302                
Issuance of common stock upon exercise of stock options, net of shares withheld to settle tax withholding requirements 230,071       $ 68         230,003      
Issuance of common stock upon exercise of stock options, net of shares withheld to settle tax withholding requirements, Shares         679,265                
Conversion of convertible preferred stock, Temporary equity values       $ (20,857,453)                  
Conversion of convertible preferred stock, Temporary equity shares       (13,802,758)                  
Conversion of convertible preferred stock, Value 20,857,453       $ 1,064         20,856,389      
Conversion of convertible preferred stock, Shares         10,643,403                
Issuance of common stock in connection with the Transaction and Maxim Private Placement, net of redemptions, net tangible assets, and issuance costs, Value 3,443,750       $ 357         3,443,393      
Issuance of common stock in connection with the Transaction and Maxim Private Placement, net of redemptions, net tangible assets, and issuance costs, Shares         3,570,215                
Issuance of convertible preferred stock, net of issuance costs     $ 4,143,854                    
Issuance of convertible preferred stock, net of issuance costs, Shares     4,305                    
Accretion of convertible preferred stock to redemption value     $ 201,168                    
Accretion of convertible preferred stock to redemption value (201,168)                 (201,168)      
Stock-based compensation expense 56,739                 56,739      
Net loss (9,085,268)                     (9,085,268)  
Ending Balance at Jun. 30, 2022     $ 4,345,022                    
Ending Balance, Shares at Jun. 30, 2022     4,305                    
Ending Balance at Jun. 30, 2022 $ (1,792,079)       $ 1,594         $ 27,070,815   $ (28,864,488)  
Ending Balance, Shares at Jun. 30, 2022         15,937,185