v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating Expenses:        
General and Administrative $ 2,033,367 $ 1,338,616 $ 5,500,036 $ 3,944,624
Research and Development 1,332,153 1,628,467 2,607,308 4,348,631
Executive Severance     962,833  
Change in Fair Value of Contingent Consideration 337,515 68,006 604,348 (428,480)
Total Operating Expenses 3,703,035 3,035,089 9,674,525 7,864,775
Operating Loss Before Other Expense (3,703,035) (3,035,089) (9,674,525) (7,864,775)
Other Income (Expense), Net:        
Change in Fair Value of Warranty Liability (1,425,102)   (1,425,102)  
Gain on Forgiveness of Loan       278,190
Interest Income (Expense), Net 7,861 259 9,315 (1,878)
Other Income (Expense), Net 937   5,148  
Total Other Income (Expense), Net (1,416,304) 259 (1,410,639) 276,312
Net Loss $ (5,119,339) $ (3,034,830) $ (11,085,164) $ (7,588,463)
Net Loss per Common Share - Basic $ (6.03) $ (11.34) $ (22.06) $ (35.69)
Net Loss per Common Share - Diluted $ (6.03) $ (11.34) $ (22.06) $ (35.69)
Weighted Average Shares Outstanding - Basic 848,534 267,591 502,436 212,612
Weighted Average Shares Outstanding - Diluted 848,534 267,591 502,436 212,612
Other Comprehensive Loss:        
Net Loss $ (5,119,339) $ (3,034,830) $ (11,085,164) $ (7,588,463)
Foreign Currency Translation Adjustments (38,537) (44,734) (176,967) (59,068)
Comprehensive Loss $ (5,157,876) $ (3,079,564) $ (11,262,131) $ (7,647,531)

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