| SCHEDULE OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
Cash,
cash equivalents, and restricted cash consisted of the following:
SCHEDULE
OF CASH AND CASH EQUIVALENTS AND RESTRICTED CASH
| |
|
June 30, 2021 |
|
|
December 31, 2020 |
|
| Cash |
|
$ |
3,858,277 |
|
|
$ |
1,238,611 |
|
| Cash Equivalents |
|
|
32,222,015 |
|
|
|
84,194,830 |
|
| Cash and cash equivalents |
|
|
36,080,292 |
|
|
|
85,433,441 |
|
| |
|
|
|
|
|
|
|
|
| Restricted cash, current |
|
|
100,000 |
|
|
|
350,000 |
|
| Restricted cash, noncurrent |
|
|
569,900 |
|
|
|
669,900 |
|
| Restricted cash |
|
|
669,900 |
|
|
|
1,019,900 |
|
| Total cash, cash equivalents, and restricted cash shown in the statement of cash flows |
|
$ |
36,750,192 |
|
|
$ |
86,453,341 |
|
|
| SCHEDULE OF COMPUTATION OF NET LOSS PER COMMON SHARE |
Net
loss per share was computed as follows:
SCHEDULE
OF COMPUTATION OF NET LOSS PER COMMON SHARE
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
Three Months Ended June 30
|
|
|
Six Months Ended June 30
|
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) |
|
$ |
(17,138,376) |
|
|
$ |
(38,105,323 |
) |
|
$ |
(33,203,544) |
|
|
$ |
(67,762,123) |
|
| Weighted average number of common shares-basic |
|
|
116,364,131 |
|
|
|
73,885,548 |
|
|
|
120,722,622 |
|
|
|
71,578,975 |
|
| Net income (loss) per share of common stock-basic |
|
$ |
(0.15 |
) |
|
$ |
(0.52 |
) |
|
$ |
(0.28 |
) |
|
$ |
(0.95 |
) |
| |
* |
Warrants
and options that have not been exercised have been excluded from the diluted calculation as all periods presented have a net loss
and the impact of these securities would be anti-dilutive |
|