Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 36,080,292 $ 85,433,441
Marketable securities 70,371,664
Restricted cash 100,000 350,000
Stock subscriptions receivable 960,033
Prepaid expenses and other current assets 2,625,425 3,712,861
Contract asset 2,402,678 1,618,296
Total current assets 111,580,059 92,074,631
Restricted cash 569,900 669,900
Property and equipment, net 3,517,677 4,067,837
Operating lease right of use assets 4,938,889 5,248,525
Other assets 2,614 234,038
Total assets 120,609,139 102,294,931
Current liabilities:    
Notes payable 102,693 710,158
Accounts payable 1,878,244 7,381,183
Accrued expenses 15,087,681 22,005,432
Derivative liability 599,000 797,000
Operating lease liabilities, current 1,069,181 1,004,063
Total current liabilities 18,736,799 31,897,836
Long-term debt, net of debt discount 18,373,099 18,029,005
Operating lease liabilities, noncurrent 6,540,040 7,093,165
Total liabilities 43,649,938 57,020,006
Stockholders’ equity    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized, no shares issued and outstanding at June 30, 2021 and December 31, 2020
Common stock, $0.0001 par value; 300,000,000 shares authorized, 125,083,006 shares issued and outstanding at June 30, 2021 and 150,000,000 shares authorized, and 98,852,696 shares issued and outstanding at December 31, 2020 12,508 9,885
Additional paid-in capital 414,249,029 349,358,378
Accumulated deficit (337,296,882) (304,093,338)
Accumulated other comprehensive loss (5,454)
Total stockholders’ equity 76,959,201 45,274,925
Total liabilities and stockholders’ equity $ 120,609,139 $ 102,294,931