| SCHEDULE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
Cash, cash equivalents, and restricted cash consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2021 |
|
|
December 31, 2020 |
|
Cash |
|
$ |
7,595,095 |
|
|
$ |
1,238,611 |
|
Cash Equivalents |
|
|
29,523,559 |
|
|
|
84,194,830 |
|
Cash and cash equivalents |
|
$ |
37,118,654 |
|
|
$ |
85,433,441 |
|
|
|
|
|
|
|
|
Restricted cash, current |
|
|
192,475 |
|
|
|
350,000 |
|
Restricted cash, noncurrent |
|
|
477,425 |
|
|
|
669,900 |
|
Restricted cash |
|
|
669,900 |
|
|
|
1,019,900 |
|
Total cash, cash equivalents, and restricted cash shown in the statement of cash
flows |
|
$ |
37,788,554 |
|
|
$ |
86,453,341 |
|
|
| SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE |
Net loss per share was computed as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, |
|
|
Nine Months Ended September 30, |
|
|
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
Net income (loss) |
|
$ |
(2,176,149 |
) |
|
$ |
(34,895,349 |
) |
|
$ |
(35,379,693 |
) |
|
$ |
(102,657,472 |
) |
Weighted average number of common shares-basic |
|
|
125,209,985 |
|
|
|
81,879,119 |
|
|
|
122,234,847 |
|
|
|
75,037,418 |
|
Net income (loss) per share of common stock-basic |
|
$ |
(0.02 |
) |
|
$ |
(0.43 |
) |
|
$ |
(0.29 |
) |
|
$ |
(1.37 |
) |
* Warrants and options that have not been exercised have been excluded from the diluted calculation as all periods presented have a net loss and the impact of these securities would be anti-dilutive
|