XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenue $ 315,055 $ 146,726 $ 707,970 $ 242,060
Cost of revenue 56,040 54,543 172,559 99,067
Operating expenses:        
Research and development 235,696 368,553 579,401 855,770
General and administrative 1,503,553 3,696,517 3,936,700 5,712,762
Total operating expenses 1,739,249 4,065,070 4,516,101 6,568,532
Loss from operations (1,480,234) (3,972,887) (3,980,690) (6,425,539)
Other income (expense), net:        
Change in fair value of derivative warrant liabilities 72,591 1,454,440 99,353 1,454,440
Reverse recapitalization issuance costs in excess of gross proceeds   (6,566,821)   (6,566,821)
Interest expense (3,977)   (11,595) (77)
Other expense, net       (426,666)
Total other income (expense), net 68,614 (5,112,381) 87,758 (5,539,124)
Net loss and comprehensive loss (1,411,620) (9,085,268) (3,892,932) (11,964,663)
Less: accretion of convertible preferred stock to redemption value (85,872) (201,168) (172,688) (201,168)
Net loss attributable to common stockholders $ (1,497,492) $ (9,286,436) $ (4,065,620) $ (12,165,831)
Net loss per share attributable to common stockholders - basic $ (0.08) $ (1.14) $ (0.21) $ (2.75)
Net loss per share attributable to common stockholders - diluted $ (0.08) $ (1.14) $ (0.21) $ (2.75)
Weighted-average number of common shares used in computing net loss per share attributable to common stockholders - basic 19,154,681 8,142,383 19,094,394 4,430,401
Weighted-average number of common shares used in computing net loss per share attributable to common stockholders - diluted 19,154,681 8,142,383 19,094,394 4,430,401