Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,914,063 $ 33,087,864
Due from related party 15,782  
Prepaid expenses 835,777 562,375
Other current assets 262,992 262,992
Current assets of discontinued operations 84,703 163,463
Total current assets 31,113,317 34,076,693
Property and equipment, net 174,906 125,197
Right of use asset- operating lease 460,539 500,428
Intangibles, net 8,413,937 8,571,478
Goodwill 1,262,911 1,262,911
Non-current assets of discontinued operations 619,287 643,382
Total assets 42,044,897 45,180,089
Current liabilities:    
Accounts payable and accrued liabilities 1,447,539 1,481,393
Note payable 264,103  
Lease liability- short term portion 164,974 160,362
Current liabilities of discontinued operations 245,544 235,879
Total current liabilities 2,122,160 1,877,634
Non-current liabilities    
Lease liability 300,480 344,021
Warrant liabilities 187,481 140,611
Non-current liabilities of discontinued operations 299,669 319,575
Total non-current liabilities 787,630 804,207
Total liabilities 2,909,790 2,681,841
Stockholders’ equity:    
Preferred stock, par value $0.0001, 5,000,000 shares authorized; 0 issued and outstanding
Common stock, par value $0.0001, 495,000,000 shares authorized; 26,126,740 and 26,043,406 shares issued and outstanding as of March 31, 2023, and December 31, 2022, respectively 17,995 17,987
Additional paid-in capital 62,014,815 61,837,802
Accumulated other comprehensive loss (3,144) (661)
Accumulated deficit (22,894,559) (19,356,880)
Total stockholders’ equity 39,135,107 42,498,248
Total liabilities and stockholders’ equity $ 42,044,897 $ 45,180,089