v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and Cash Equivalents $ 4,801,616 $ 7,854,690
Prepaid Expenses and Other Current Assets 260,005 606,520
Tax Receivables 1,562,575 529,560
Total Current Assets 6,624,196 8,990,770
Non-Current Assets:    
Property and Equipment, Net 59,192 73,999
Restricted Cash 49,037 45,000
Intangible Assets and In-Process R&D, Net 10,749,414 10,768,164
Operating Lease Assets 147,456 209,411
Other Assets 33,023 42,964
Total Assets 17,662,318 20,130,308
Current Liabilities:    
Accounts Payable 749,192 160,621
Accrued Expenses 1,800,010 1,330,141
Operating Lease Liabilities 131,482 118,846
Contingent Consideration 313,714  
Total Current Liabilities 2,994,398 1,609,608
Non-Current Liabilities:    
Contingent Consideration, Non-Current 3,339,589 3,048,955
Deferred Tax Liability 802,131 802,131
Operating Lease Liabilities, Non-Current 4,764 90,566
Total Non-Current Liabilities 4,146,484 3,941,652
Total Liabilities 7,140,882 5,551,260
Commitments and Contingencies (Note 9)
Stockholders' Equity:    
Preferred Stock, $0.01 Par Value: 10,000,000 shares authorized
Common Stock, $0.01 Par Value: 50,000,000 shares authorized and 1,079,045 and 316,599 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 10,790 3,166
Additional Paid-In Capital 142,738,557 135,541,662
Accumulated Deficit (131,964,513) (120,879,349)
Accumulated Other Comprehensive Loss (263,398) (86,431)
Total Stockholders' Equity 10,521,436 14,579,048
Total Liabilities and Stockholders' Equity $ 17,662,318 $ 20,130,308

Source