v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 18,986,443 $ 19,866,358
Prepaid expenses and other current assets 1,123,467 663,243
Total current assets 20,109,910 20,529,601
Fixed assets, net 893,509 418,641
Right-of-use asset, net 517,566 560,334
Long-term assets 23,566 75,000
Other assets 6,214 6,214
TOTAL ASSETS 21,550,765 21,589,790
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 7,814,590 5,478,443
Warrant liability 8,600,000  
Lease liability 56,263 50,847
Total current liabilities 16,470,853 5,529,290
Long-term lease liability, net of current portion 512,750 552,981
TOTAL LIABILITIES 16,983,603 6,082,271
COMMITMENTS AND CONTINGENCIES
MEZZANINE EQUITY:    
Preferred stock, $0.00001 par value; 7,000 shares authorized; Series E-1 preferred stock: 1,225 issued and outstanding as of September 30, 2023 and none as of December 31, 2022 (Note 3) 17,920,000  
STOCKHOLDERS' (DEFICIT) EQUITY:    
Preferred stock, $0.00001 par value; 7,000 shares authorized; Series D preferred stock: 111 issued and outstanding as of September 30, 2023 and December 31, 2022 1,382,023 1,382,023
Common stock, $0.00001 par value; 160,000,000 shares authorized; 9,918,384 and 9,385,272 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 99 94
Additional paid-in capital 195,298,922 193,624,445
Accumulated deficit (210,033,882) (179,499,043)
Total stockholders' (deficit) equity (13,352,838) 15,507,519
TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' (DEFICIT) EQUITY $ 21,550,765 $ 21,589,790

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