| SCHEDULE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
Cash, cash equivalents, and restricted cash consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2022 |
|
|
December 31, 2021 |
|
Cash |
|
$ |
3,806,107 |
|
|
$ |
6,751,593 |
|
Cash Equivalents |
|
|
8,637,538 |
|
|
|
18,255,039 |
|
Cash and cash equivalents |
|
$ |
12,443,645 |
|
|
$ |
25,006,632 |
|
|
|
|
|
|
|
|
Restricted cash, current |
|
|
192,475 |
|
|
|
192,475 |
|
Restricted cash, noncurrent |
|
|
477,425 |
|
|
|
477,425 |
|
Restricted cash |
|
|
669,900 |
|
|
|
669,900 |
|
Total cash, cash equivalents, and restricted cash shown in the statement of cash
flows |
|
$ |
13,113,545 |
|
|
$ |
25,676,532 |
|
|
| 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, |
|
|
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
Net loss |
|
$ |
(8,781,720 |
) |
|
$ |
(2,176,149 |
) |
|
$ |
(31,467,850 |
) |
|
$ |
(35,379,693 |
) |
Weighted average number of common shares-basic |
|
|
125,268,381 |
|
|
|
125,209,985 |
|
|
|
125,255,927 |
|
|
|
122,234,847 |
|
Net loss per share of common stock-basic |
|
$ |
(0.07 |
) |
|
$ |
(0.02 |
) |
|
$ |
(0.25 |
) |
|
$ |
(0.29 |
) |
|