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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 21,694,535 $ 17,355,999
Prepaid expenses and other current assets 970,899 380,838
Total current assets 22,665,434 17,736,837
Other assets:    
Property and equipment, net 776,793 294,430
Right-of-use operating lease asset 151,317 176,304
Intangible assets, net 6,974,688 6,923,928
Goodwill 1,610,780 1,587,634
Total other assets 9,513,578 8,982,296
Total assets 32,179,012 26,719,133
Current liabilities:    
Accounts payable 1,218,298 683,393
Accrued liabilities 764,022 1,292,721
Current portion of right-of-use operating lease obligation 111,200 107,442
Total current liabilities 2,093,520 2,083,556
Non-current liabilities:    
Non-current portion of right-of-use operating lease obligation 40,117 68,861
Deferred tax liability 1,630,552 1,607,122
Warrant liability 3,973,125 653,674
Total non-current liabilities 5,643,794 2,329,657
Total liabilities 7,737,314 4,413,213
Commitments and contingencies (Note 6)
Shareholders’ equity    
Preferred stock, $0.01 par value, 20,000,000 shares authorized; Series B preferred stock, $0.01 par value, 3,600,000 shares authorized, 0 shares issued and outstanding as of March 31, 2022 and December 31, 2021
Common stock, $0.01 par value, 100,000,000 shares authorized, 52,623,407 and 32,578,475 shares issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 526,234 325,785
Additional paid-in capital 89,118,024 82,747,390
Accumulated deficit (65,260,467) (60,736,453)
Accumulated other comprehensive income (loss) 57,907 (30,802)
Total stockholders’ equity 24,441,698 22,305,920
Total liabilities and shareholders’ equity $ 32,179,012 $ 26,719,133