| SCHEDULE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
Cash, cash equivalents, and restricted cash consist of the following:
|
|
|
|
|
|
|
|
|
|
|
June 30, 2023 |
|
|
December 31, 2022 |
|
Cash |
|
$ |
1,728,888 |
|
|
$ |
3,805,156 |
|
Cash equivalents |
|
|
6,620,458 |
|
|
|
13,197,559 |
|
Cash and cash equivalents |
|
$ |
8,349,346 |
|
|
$ |
17,002,715 |
|
|
|
|
|
|
|
|
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 |
|
$ |
9,019,246 |
|
|
$ |
17,672,615 |
|
|
| SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Net loss |
|
$ |
(8,783,841 |
) |
|
$ |
(13,248,888 |
) |
|
$ |
(26,528,653 |
) |
|
$ |
(22,686,130 |
) |
Weighted average number of common shares-basic |
|
|
4,277,701 |
|
|
|
4,170,464 |
|
|
|
4,229,894 |
|
|
|
4,170,255 |
|
Net loss per share of common stock-basic |
|
$ |
(2.05 |
) |
|
$ |
(3.18 |
) |
|
$ |
(6.27 |
) |
|
$ |
(5.44 |
) |
|