CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
|
3 Months Ended |
Mar. 31, 2022 |
Mar. 31, 2021 |
| Operating Expenses: |
|
|
| General and Administrative |
$ 1,664,791
|
$ 1,300,143
|
| Research and Development |
707,928
|
1,280,242
|
| Executive Severance |
962,833
|
|
| Change in Fair Value of Contingent Consideration |
233,890
|
(570,203)
|
| Total Operating Expenses |
3,569,442
|
2,010,182
|
| Operating Loss Before Other Income (Expense) |
(3,569,442)
|
(2,010,182)
|
| Other Expense, Net: |
|
|
| Gain on Disposal |
4,211
|
|
| Interest Income |
217
|
250
|
| Interest Expense |
|
(686)
|
| Total Other Expense, Net |
4,428
|
(436)
|
| Net Loss |
$ (3,565,014)
|
$ (2,010,618)
|
| Net Loss per Common Share - Basic |
$ (0.27)
|
$ (0.27)
|
| Net Loss per Common Share - Diluted |
$ (0.27)
|
$ (0.27)
|
| Weighted-Average Shares Outstanding - Basic |
13,058,629
|
7,357,899
|
| Weighted-Average Shares Outstanding - Diluted |
13,058,629
|
7,357,899
|
| Other Comprehensive Loss: |
|
|
| Net Loss |
$ (3,565,014)
|
$ (2,010,618)
|
| Foreign Currency Translation Adjustments |
27,839
|
10,473
|
| Comprehensive Loss |
$ (3,537,175)
|
$ (2,000,145)
|