v3.22.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating Expenses:        
General and Administrative $ 1,801,878 $ 1,305,865 $ 3,466,669 $ 2,606,008
Research and Development 567,227 1,439,922 1,275,155 2,720,164
Executive Severance     962,833  
Change in Fair Value of Contingent Consideration 32,943 73,717 266,833 (496,486)
Total Operating Expenses 2,402,048 2,819,504 5,971,490 4,829,686
Operating Loss Before Other Expense (2,402,048) (2,819,504) (5,971,490) (4,829,686)
Other Expenses, Net:        
Gain on Forgiveness of Loan   278,190   278,190
Gain on Disposal     4,211  
Interest Income 1,237 332 1,454 582
Interest Expense   (2,033)   (2,719)
Total Other Expenses, Net 1,237 276,489 5,666 276,053
Net Loss $ (2,400,811) $ (2,543,015) $ (5,965,825) $ (4,553,633)
Net Loss per Common Share - Basic $ (0.18) $ (0.34) $ (0.46) $ (0.61)
Net Loss per Common Share - Diluted $ (0.18) $ (0.34) $ (0.46) $ (0.61)
Weighted-Average Shares Outstanding - Basic 13,065,714 7,466,211 13,061,281 7,409,363
Weighted-Average Shares Outstanding - Diluted 13,065,714 7,466,211 13,061,281 7,409,363
Other Comprehensive Loss:        
Net Loss $ (2,400,811) $ (2,543,015) $ (5,965,825) $ (4,553,633)
Foreign Currency Translation Adjustments (166,269) (24,807) (138,430) (14,334)
Comprehensive Loss $ (2,567,080) $ (2,567,822) $ (6,104,255) $ (4,567,967)

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