General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.24.4
CONDENSED CONSOLIDATED BALANCE SHEETS
Sep. 30, 2024
USD ($)
CURRENT ASSETS:  
Cash and cash equivalents $ 34,263,371
Prepaid expenses and other current assets 1,635,818
Total current assets 35,899,189
Property, plant & equipment, net 910,131
Operating lease right-of-use asset 454,166
Other long-term assets 29,780
TOTAL ASSETS 37,293,266
CURRENT LIABILITIES:  
Accounts payable and accrued liabilities 8,304,311
Warrant liability 11,929,242
Lease liability, current 80,821
Total current liabilities 20,314,374
Long-term lease liability, net of current portion 431,929
TOTAL LIABILITIES 20,746,303
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY (DEFICIT):  
Common stock, $0.00001 par value; 170,000,000 shares authorized; 40,566,534 and 20,744,110 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 406
Additional paid-in capital 246,536,080
Accumulated deficit (244,987,090)
Total stockholders' equity (deficit) 15,164,940
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) 37,293,266
Series D preferred stock  
MEZZANINE EQUITY:  
Series D preferred stock, 111.11 shares authorized, issued and outstanding as of September 30, 2024 and December 31, 2023 1,382,023
Series E-2 Preferred Stock  
STOCKHOLDERS' EQUITY (DEFICIT):  
Preferred stock 2,188,434
Series E-3 preferred stock  
STOCKHOLDERS' EQUITY (DEFICIT):  
Preferred stock 4,369,317
Series E-4 preferred stock  
STOCKHOLDERS' EQUITY (DEFICIT):  
Preferred stock $ 7,057,793