| SCHEDULE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
Cash, cash equivalents, and restricted cash consist of the following:
|
|
|
|
|
|
|
|
|
|
|
September 30, 2023 |
|
|
December 31, 2022 |
|
Cash |
|
$ |
1,995,964 |
|
|
$ |
3,805,156 |
|
Cash equivalents |
|
|
9,252,842 |
|
|
|
13,197,559 |
|
Cash and cash equivalents |
|
|
11,248,806 |
|
|
|
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 |
|
$ |
11,918,706 |
|
|
$ |
17,672,615 |
|
|
| SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE |
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|
|
|
|
|
|
|
|
Three Months Ended
September 30, |
|
|
Nine Months Ended
September 30, |
|
|
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
Net loss |
|
$ |
(10,053,269 |
) |
|
$ |
(8,781,720 |
) |
|
$ |
(36,581,922 |
) |
|
$ |
(31,467,850 |
) |
Weighted average number of common shares-basic |
|
|
4,423,617 |
|
|
|
4,170,881 |
|
|
|
4,295,178 |
|
|
|
4,170,466 |
|
Net loss per share of common stock-basic |
|
$ |
(2.27 |
) |
|
$ |
(2.11 |
) |
|
$ |
(8.52 |
) |
|
$ |
(7.55 |
) |
|