| SCHEDULE OF CASH AND CASH EQUIVALENTS |
Cash and cash equivalents consists of the following:
|
|
|
|
|
|
|
|
December 31, |
|
|
2021 |
|
|
2020 |
Cash |
$ |
6,751,593 |
|
$ |
1,238,611 |
Cash Equivalents |
|
18,255,039 |
|
|
84,194,830 |
Cash and cash equivalents |
$ |
25,006,632 |
|
$ |
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 |
$ |
25,676,532 |
|
$ |
86,453,341 |
|
| SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE |
The following table sets forth the computation of basic and diluted earnings per share for the years ended December 31, 2021 and 2020:
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
|
|
2021 |
|
|
2020 |
|
Net income (loss) |
|
$ |
(45,640,426 |
) |
|
$ |
(111,269,380 |
) |
Weighted average number of common shares-basic |
|
|
122,990,011 |
|
|
|
78,133,289 |
|
Net income (loss) per share of common stock-basic |
|
$ |
(0.37 |
) |
|
$ |
(1.42 |
) |
|