Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 26,647,633 $ 33,087,864
Amount due from sale of assets 122,500
Prepaid expenses 814,573 562,375
Other current assets 452,195 262,992
Current assets of discontinued operations 163,462
Total current assets 28,036,901 34,076,693
Property and equipment, net 173,298 125,197
Right of use asset- operating lease 419,885 500,428
Intangibles, net 8,256,396 8,571,478
Goodwill 1,262,911 1,262,911
Non-current assets of discontinued operations 643,382
Total assets 38,149,391 45,180,089
Current liabilities:    
Accounts payable and accrued liabilities 1,926,047 1,481,393
Note payable 133,335
Lease liability- short term portion 169,676 160,362
Current liabilities of discontinued operations 235,879
Total current liabilities 2,229,058 1,877,634
Non-current liabilities    
Lease liability 256,084 344,021
Warrant liabilities 74,055 140,611
Non-current liabilities of discontinued operations 319,575
Total non-current liabilities 330,139 804,207
Total liabilities 2,559,197 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; 26,143,407 and 26,043,406 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 17,997 17,987
Additional paid-in capital 62,233,447 61,837,802
Accumulated other comprehensive loss (3,461) (661)
Accumulated deficit (26,657,789) (19,356,880)
Total stockholders’ equity 35,590,194 42,498,248
Total liabilities and stockholders’ equity $ 38,149,391 $ 45,180,089