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Statements of Cash Flows - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:        
Net loss     $ (14,612,344) $ (5,724,275)
Adjustments to reconcile net loss to net cash used in operating activities:        
Stock-based compensation expense $ 1,903,761 $ 7,992 5,338,705 31,969
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets     (235,608) (227,364)
Accounts payable     213,767 (232,028)
Accrued expenses     (420,896) 532,267
Net cash used in operating activities     (9,716,376) (5,619,431)
Cash flows from financing activities:        
Proceeds from issuance of common stock, net of issuance costs       46,673,869
Proceeds from exercise of stock options     4,613 95,102
Net cash provided by financing activities     4,613 46,768,971
Net (decrease) increase in cash and cash equivalents     (9,711,763) 41,149,540
Cash and cash equivalents, beginning of period     45,686,014 8,074,658
Cash and cash equivalents, end of period $ 35,974,251 $ 49,224,198 $ 35,974,251 49,224,198
Supplemental disclosure of non-cash financing activities:        
Common stock issuance costs in accounts payable and accrued expenses       $ 5,456