Annual report pursuant to Section 13 and 15(d)

SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.4
SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
SCHEDULE OF CASH AND CASH EQUIVALENTS

Cash and cash equivalents consist of the following:

 

 

 

December 31, 2022

 

December 31, 2021

Cash

 

$3,805,156

 

$6,751,593

Cash Equivalents

 

13,197,559

 

18,255,039

Cash and cash equivalents

 

$17,002,715

 

$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

 

$17,672,615

 

$25,676,532

 

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, 2022 and 2021:

 

 

 

Year Ended
December 31,

 

 

 

2022

 

 

2021

 

Net loss

 

$

(42,346,903

)

 

$

(45,640,426

)

Weighted average number of common shares-basic

 

 

4,170,675

 

 

 

4,094,935

 

Net loss per share of common stock-basic

 

$

(10.15

)

 

$

(11.15

)