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Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 24,682,674 $ 10,426,249
Inventory 1,253,194 918,651
Prepaid expenses and other assets 1,020,624 41,018
Total current assets 26,956,492 11,385,918
Other assets:    
Furniture and equipment, net 266,260 25,710
Patents, net 597,850 540,033
Right-of-use asset 1,384,641
Other assets 163,533 2,174
Total other assets 2,412,284 567,917
Total Assets 29,368,776 11,953,835
Current liabilities:    
Accounts payable and accrued expenses 2,298,579 1,029,336
Notes payable, current 403,567 404,648
Operating lease liabilities 241,362
Royalty obligation 2,250,000 1,200,000
Total current liabilities 5,193,508 2,633,984
Long term liabilities:    
Notes payable 5,313,739 5,492,572
Operating lease liabilities 1,187,402
Convertible notes 1,300,000 1,300,000
Royalty obligation 988,000 2,638,000
Total long-term liabilities 8,789,141 9,430,572
Total liabilities 13,982,649 12,064,556
Commitments and Contingent Liabilities:  
Redeemable preferred stock - subject to redemption: $0 par value; 20,000,000 shares authorized; 1,880,400 and 13,256,936 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 470,099 3,314,233
Stockholders’ Equity (Deficit):    
Common stock and additional paid-in-capital: $0 par value, 500,000,000 shares authorized; and 81,053,486 and 66,295,288 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 110,444,367 70,880,386
Accumulated deficit (95,528,339) (74,269,898)
Total stockholders’ equity (deficit) 14,916,028 (3,389,512)
Non-controlling interest (35,442)
Total equity (deficit) 14,916,028 (3,424,954)
Total Liabilities and Stockholders’ Equity (Deficit) $ 29,368,776 $ 11,953,835