Quarterly report pursuant to Section 13 or 15(d)

Statements of Cash Flows (Unaudited)

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Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (5,660,717) $ (7,941,311)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 393,614 709,435
Increase (decrease) in cash resulting from changes in:    
Prepaid expenses and other current assets 11,294 (82,933)
Accounts payable (22,244) (31,504)
Accrued and other current liabilities 16,427 337,677
Total adjustments to reconcile net loss to net cash used in operations 399,091 932,675
Net cash used in operating activities (5,261,626) (7,008,636)
Cash flows from financing activities:    
Proceeds from issuance of Common Stock and warrants, net of expenses 5,651,668 4,276,365
Proceeds from exercise of pre-funded warrants 187 287
Payment for fractional shares in reverse stock split (40) 0
Net cash provided by financing activities 5,651,815 4,276,652
Net increase (decrease) in Cash and cash equivalents 390,189 (2,731,984)
Cash and cash equivalents at beginning of period 6,241,294 10,798,806
Cash and cash equivalents at end of period 6,631,483 8,066,822
Cash paid for taxes $ 950 $ 800