v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows From Operating Activities:    
Net loss $ (2,578,169) $ (2,837,854)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of debt discount 131,493 277,932
Gain on forgiveness of accrued interest (49,983)
Loss on extinguishment of notes payable 49,718
Non-cash interest expense - warrants 63,267 218,985
Stock-based compensation:    
Options 206,400
Warrants 5,034 67,707
Common Stock 9,637
Changes in operating assets and liabilities:    
Prepaid expenses 177,839 (37,695)
Other current assets 790 21,584
Accounts payable 158,968 146,895
Accrued expenses 403,916 (463,996)
Accrued expenses - related parties (110,000)
Accrued interest (44,729) 223,638
Accrued interest - related parties 320,361 1,488
Accrued compensation 32,476 17,968
Net Cash Used In Operating Activities (1,328,754) (2,257,576)
Cash Flows From Financing Activities:    
Proceeds from issuance of convertible notes payable 245,000 2,422,250
Proceeds from issuance of convertible notes payable - related party 1,000,000
Proceeds from issuance of notes payable 168,094
Repayment of notes payable (146,912) (199,588)
Repayment of convertible notes payable (125,000)
Repayment of financing liability (27,926)
Net Cash Provided By Financing Activities 1,238,256 2,097,662
Net Decrease In Cash (90,498) (159,914)
Cash - Beginning of Period 93,095 245,119
Cash - End of Period 2,597 85,205
Cash and restricted cash consisted of the following:    
Cash 2,597 81,705
Restricted cash 3,500
Supplemental Disclosures of Cash Flow Information:    
Interest
Income taxes
Non-cash investing and financing activities:    
Accrual of earned preferred stock dividends (569,888) (449,264)
Common stock issued in connection with payment of Series A and Series C Convertible Preferred Stock dividends in-kind 597,431 474,475
Issuance of common stock pursuant to cashless warrant exercise 125
Accrued interest converted into notes payable 41,950
Issuance of warrants in connection with the issuance of notes payable 57,262 234,478
Accrual of warrant obligations in connection with issuance of notes payable 114,727
Issuance of warrants in satisfaction of accrued interest 82,350
Conversion of convertible notes payable and accrued interest into Series C Preferred Stock and common stock $ 1,547,568