General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited)

v3.23.2
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Operating Expenses:        
Research and development $ 578,309 $ 658,939 $ 2,191,834 $ 1,000,769
Research and development - related parties 216,684 47,718 240,731 2,947,536
General and administrative 4,008,852 2,969,151 15,459,788 11,230,118
General and administrative - related parties 5,261 5,612 462,580
Total Operating Expenses 4,803,845 3,681,069 17,897,965 15,641,003
Loss From Operations (4,803,845) (3,681,069) (17,897,965) (15,641,003)
Other (Expenses) Income:        
Gain on settlement of liabilities     926,829
Other expense     (146,822)
Interest expense (11,556) (7,414) (26,667) (186,208)
Interest income - related parties 4,562    
Loss on extinguishment of convertible notes payable, net     (9,737)
Loss on goodwill impairment     (33,547,278)
Loss on IP R&D impairment     (3,342,084)
Change in fair value of derivative liabilities 53,323 5,230,114 15,144,986 (4,677,388)
Change in fair value of accrued issuable equity 17,520    
Change in fair value of accrued issuable equity     9,405
Offering costs allocated to warrant liabilities     604,118
Total Other (Expense) Income, Net 41,767 5,244,782 (21,771,043) (4,706,849)
(Loss) Income Before Income Taxes (4,762,078) 1,563,713 (39,669,008) (20,347,852)
Income tax benefit 942,749 23,204
Net (Loss) Income (4,762,078) 1,563,713 (38,726,259) (20,324,648)
Other Comprehensive (Loss) Income:        
Foreign currency translation adjustments 663 (728,081) (3,702,963) 180,554
Total Comprehensive (Loss) Income $ (4,761,415) $ 835,632 $ (42,429,222) $ (20,144,094)
Basic and Diluted Net (Loss) Income per Common Share        
Diluted (in Dollars per share) $ (1.27) $ 0.92    
Weighted Average Number of Common Shares Outstanding:        
Diluted (in Shares) 3,747,145 1,703,439    
Basic (in Dollars per share) $ (1.27) $ 0.92 $ (20.38) $ (12.96)
Basic (in Shares) 3,747,145 1,702,997 1,900,397 1,567,772