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 ($)
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,213,816) $ (4,009,205)
Adjustments to reconcile net loss to cash flows used in operating activities:    
Depreciation and amortization 20,588 57,465
Amortization of discount on royalty obligation 355,662 355,662
Impairment of intellectual property 0 141,480
Amortization of right-of-use asset 84,848 77,506
Stock based compensation 283,508 166,340
Loss on settlement of debt 198,939 0
Gain on forgiveness of debt (133,424) (28,229)
Noncash interest for debt discount 76,890 0
Warrants issued in connection with loan default 301,796 0
Changes in operating assets and liabilities:    
Accounts receivable (65,192) 500
Grant receivable (42,996) 121,879
Prepaid expenses (18,831) 34,322
Accounts payable and accrued expenses 674,304 390,640
Lease liability (88,309) (78,321)
Deferred revenue (26,164) (54,513)
Deferred revenue-grant 0 (65,560)
Net cash used in operating activities (1,592,197) (2,890,034)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Software development costs 0 (35,985)
Purchase of equipment 0 (2,017)
Net cash used in investing activities 0 (38,002)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from common stock subscription and royalty agreement 1,250,000 2,250,000
Proceeds from Paycheck Protection Program loan 0 131,440
Payment to Economic Injury Disaster loan (112) 0
Proceeds from notes payable 0 200,000
Proceeds from notes payable - related party 320,000 500,000
Net cash provided by financing activities 1,569,888 3,081,440
Net (decrease) increase in cash and restricted cash (22,309) 153,404
Cash and restricted cash, beginning of the period 85,838 592,053
Cash and restricted cash, end of period 63,529 745,457
Cash and restricted cash consist of the following, end of period:    
Cash 39,100 745,457
Restricted cash 24,429 0
Total 63,529 745,457
Cash and restricted cash consist of the following, beginning of the period    
Cash 85,838 592,053
Restricted cash 0 0
total 85,838 592,053
Supplemental disclosures of cash flow information:    
Interest paid 0 0
Taxes paid 0 0
Common stock issued in connection with issuance of promissory notes 76,890 0
Common stock issued in connection with conversion of promissory notes and accounts payable $ 1,062,632 $ 0