Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 17,785,322 $ 35,703,975
Prepaid expenses and other current assets 975,936 867,485
Total current assets 18,761,258 36,571,460
Fixed assets, net 338,944 344,491
Right-of-use asset, net 138,097 204,644
Long-term and other assets 81,214 81,214
TOTAL ASSETS 19,319,513 37,201,809
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 6,367,035 3,854,914
Lease liability 148,200 135,449
Total current liabilities 6,515,235 3,990,363
Long-term lease liability, net of current portion 53,769 166,292
TOTAL LIABILITIES 6,569,004 4,156,655
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Preferred stock, $0.00001 par value; 7,000 shares authorized; Series D preferred stock: 111 shares issued and outstanding 1,382,023 1,382,023
Common stock, $0.00001 par value; 160,000,000 shares authorized; 6,110,119 and 6,110,125 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 61 61
Additional paid-in capital 183,652,376 182,560,859
Accumulated deficit (172,283,951) (150,897,789)
Total stockholders' equity 12,750,509 33,045,154
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 19,319,513 $ 37,201,809