| 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 |
) |
|