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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 18,008,951 $ 17,355,999
Prepaid expenses and other current assets 1,360,326 380,838
Total current assets 19,369,277 17,736,837
Other assets:    
Property and equipment, net 783,456 294,430
Right-of-use operating lease asset 120,967 176,304
Intangible assets, net 6,736,386 6,923,928
Goodwill 1,561,943 1,587,634
Total other assets 9,202,752 8,982,296
Total assets 28,572,029 26,719,133
Current liabilities:    
Accounts payable 754,296 683,393
Accrued liabilities 1,004,251 1,292,721
Current portion of right-of-use operating lease obligation 111,096 107,442
Derivative liability 455,000
Total current liabilities 2,324,643 2,083,556
Non-current liabilities:    
Non-current portion of right-of-use operating lease obligation 9,871 68,861
Deferred tax liability 1,630,552 1,607,122
Warrant liability 2,003,203 653,674
Total non-current liabilities 3,643,626 2,329,657
Total liabilities 5,968,269 4,413,213
Commitments and contingencies (Note 7)
Mezzanine equity    
Redeemable non-controlling interest 637,840
Series C redeemable preferred stock, $0.01 par value, 100,000 shares authorized, and 52,684.548 and 0 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 527
Total mezzanine equity 638,367
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 June 30, 2022 and December 31, 2021
Common stock, $0.01 par value, 100,000,000 shares authorized, 1,054,043 and 651,921 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 10,540 6,519
Additional paid-in capital 90,228,932 83,066,656
Accumulated deficit (68,050,972) (60,736,453)
Accumulated other comprehensive loss (223,107) (30,802)
Total shareholders’ equity 21,965,393 22,305,920
Total liabilities, mezzanine equity, and shareholders’ equity $ 28,572,029 $ 26,719,133