| SCHEDULE OF CASH AND CASH EQUIVALENTS |
Cash, cash equivalents, and restricted cash consist of the following:
|
|
|
|
|
|
|
December 31, 2023 |
|
December 31, 2022 |
Cash |
|
$4,028,733 |
|
$3,805,156 |
Cash equivalents |
|
9,694,948 |
|
13,197,559 |
Cash and cash equivalents |
|
13,723,681 |
|
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 |
|
$14,393,581 |
|
$17,672,615 |
|
| 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, 2023 and 2022:
|
|
|
|
|
|
|
|
|
|
|
Year Ended
December 31, |
|
|
|
2023 |
|
|
2022 |
|
Net loss |
|
$ |
(44,603,316 |
) |
|
$ |
(42,346,903 |
) |
Weighted average number of common shares-basic |
|
|
4,327,568 |
|
|
|
4,170,675 |
|
Net loss per share of common stock-basic |
|
$ |
(10.31 |
) |
|
$ |
(10.15 |
) |
|