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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating expenses    
General and administrative $ 8,852,021 $ 11,605,761
Research and development 7,252,437 8,027,773
Impairment of intangible assets and goodwill 7,453,662
Depreciation and amortization 343,982 327,910
Total operating expenses 16,448,440 27,415,106
Loss from operations (16,448,440) (27,415,106)
Other (expense) income    
Inducement expense, net (1,848,235)
Change in fair value of warrant liabilities 94,396 4,315,236
Change in fair value of investment option liability 208,752 3,472,726
Change in fair value of derivative liability 727,000 (325,000)
Interest income (expense), net 3,708 (5,249)
Total other (expense) income (814,379) 7,457,713
Net loss before income taxes (17,262,819) (19,957,393)
Income tax (expense) benefit (28,913) 1,486,060
Net loss (17,291,732) (18,471,333)
Less preferred dividends attributable to non-controlling interest 19,041 33,014
Less deemed dividends attributable to accretion of embedded derivative at redemption value 147,988 295,976
Net loss attributable to shareholders (17,458,761) (18,800,323)
Other comprehensive loss    
Foreign currency translation (33,015) (505,932)
Comprehensive loss $ (17,491,776) $ (19,306,255)
Net loss per share - basic $ (8.09) $ (13.00)
Net loss per share - diluted $ (8.09) $ (13.00)
Weighted average shares outstanding, basic 2,159,063 1,446,007
Weighted average shares outstanding, diluted 2,159,063 1,446,007