Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 33,146,895 $ 52,966,706
Prepaid expenses 627,666 333,751
Other receivables 302,132
Total current assets 34,076,693 53,300,457
Property and equipment, net 378,783 20,124
Right of use asset-operating lease 874,463
Intangibles, net 8,587,239
Goodwill 1,262,911
Total assets 45,180,089 53,320,581
Current liabilities:    
Accounts payable and accrued liabilities 1,614,343 447,280
Lease liability - short term position 263,291
Total current liabilities 1,877,634 447,280
Non-current liabilities    
Lease liability 663,596
Warrant liabilities 140,611 1,452,800
Total non-current liabilities 804,207 1,452,800
Total liabilities 2,681,841 1,900,080
Commitments and Contingencies (Note 15)
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; 26,043,406 and 23,008,371 shares issued and outstanding as of December 31, 2022 and 2021, respectively 17,987 17,684
Additional paid-in capital 61,837,802 53,627,883
Accumulated other comprehensive income (loss) (661) (10,561)
Accumulated deficit (19,356,880) (2,214,505)
Total stockholders’ equity 42,498,248 51,420,501
Total liabilities and stockholders’ equity $ 45,180,089 $ 53,320,581