XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets    
Cash and cash equivalents $ 13,342,805 $ 18,637,114
Accounts receivable, net 272,547 2,649
Inventory, net 315,096 348,411
Prepaid expenses and other 323,751 1,489,921
Total Current Assets 14,254,199 20,478,095
Noncurrent Assets    
Property and equipment, net 45,737 68,513
Intangible assets, net 1,830 1,830
Deposits 14,747 14,747
Operating lease right-of-use asset 383,169 462,874
Total Noncurrent Assets 445,483 547,964
TOTAL ASSETS 14,699,682 21,026,059
Current Liabilities    
Accounts payable and accrued liabilities 571,885 1,207,258
Deferred revenue 474,888 4,338,570
Accrued equity compensation 89,970
Current portion of operating lease liability 124,319 118,235
Total Current Liabilities 1,171,092 5,754,033
Noncurrent Liabilities    
Operating lease liability, net of current portion 290,051 376,851
Total Noncurrent Liabilities 290,051 376,851
TOTAL LIABILITIES 1,461,143 6,130,884
Commitments and Contingencies (Note 6)
SHAREHOLDERS’ EQUITY    
Preferred stock, $0.00001 par value; 25,000,000 shares authorized; 0 shares issued and outstanding
Common stock, $0.00001 par value; 200,000,000 authorized; 8,076,372 and 7,953,974 shares issued and outstanding, respectively 81 80
Additional paid in capital 49,441,231 49,173,836
Accumulated deficit (36,202,773) (34,278,741)
Total Shareholders’ Equity 13,238,539 14,895,175
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 14,699,682 $ 21,026,059