Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash Flows From Operating Activities:    
Net Loss $ (2,456,722) $ (1,884,019)
Adjustments To Reconcile Net Loss To Net Cash Used In Operating Activities:    
Stock-based Compensation Expense (non-cash) 499,812 368,232
Changes In Operating Assets And Liabilities, Net    
Other Current Assets (24,110) 51,879
Accounts Payable, Accrued Expenses And Other Current Liabilities (532,321) (370,394)
Operating Lease Right-of-use Assets And Liabilities, Net 2,379 0
Net Cash Used In Operating Activities (2,467,500) (1,938,060)
Cash Flows From Financing Activities:    
Cash Proceeds From The Sales Of Common Stock Under A Capital On Demandtm Sales Agreement With Jonestrading Institutional Services Llc, Net Of Commissions, Fees And Offering Costs Of $338,153 0 10,925,312
Taxes Paid Related To Net Share Settlement Of Vested Restricted Stock Units (16,666) (21,500)
Cash Proceeds From The Issuance Of Stock Upon Exercise Of Stock Options 0 17,478
Net Cash Provided By (used In) Financing Activities (16,666) 10,921,290
Effect Of Exchange Rates (659) 2,774
Net Increase (decrease) In Cash And Cash Equivalents (2,484,825) 8,986,004
Cash And Cash Equivalents At Beginning Of Period 20,303,869 16,737,109
Cash And Cash Equivalents At End Of Period 17,819,044 25,723,113
Supplemental Cash Flow Information:    
Cash Paid For Amounts Included In The Measurement Of Operating Lease Liability 2,379 0
Supplemental Non-cash Flow Information:    
Lease Liability Arising Out Of Obtaining Right-of-use Asset $ 53,694 $ 0