Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 6,052,862 $ 2,108,544
Due from related parties 300,000 300,000
Prepaid expenses and other current assets 1,945,172 1,606,414
Total Current Assets 8,298,034 4,014,958
Intangible assets, net 2,041,999 2,047,818
In-process research and development 12,589,191 12,569,793
Goodwill 37,182,945 36,900,801
Total Assets 60,112,169 55,533,370
Current Liabilities:    
Accounts payable 3,905,267 8,529,259
Accounts payable - related parties 236,534 215,495
Accrued expenses 2,884,950 4,110,916
Accrued expenses - related parties 512,992 454,951
Loans payable - current portion 606,295 968,446
Loans payable - related parties 514,140 513,082
Convertible notes payable 316,111 1,916,195
Convertible notes payable - related parties 270,000 270,000
Derivative liabilities 24,375,911 4,442,970
Total Current Liabilities 33,622,200 21,421,314
Accrued issuable equity   43,095
Loans payable - non current portion 107,964 113,763
Deferred tax liability 3,672,710 3,668,329
Total Liabilities 37,402,874 25,246,501
Commitments and contingencies
Series A Convertible Preferred Stock, $0.0001 par value; 1,000,000 shares designated; 0 shares issued; none available at March 31, 2021 or December 31, 2020
Stockholders’ Equity:    
Preferred stock, value
Common stock, $0.0001 par value; 100,000,000 shares authorized; 30,518,330 and 26,171,225 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively 3,052 2,617
Additional paid-in capital 86,436,232 78,005,004
Accumulated other comprehensive income 826,234 636,886
Accumulated deficit (64,556,223) (48,357,638)
Total Stockholders’ Equity 22,709,295 30,286,869
Total Liabilities and Stockholders’ Equity 60,112,169 55,533,370
Class C Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value
Class K Preferred Stock    
Stockholders’ Equity:    
Preferred stock, value