Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of potentially dilutive common shares
    Potentially Dilutive Common
Shares Outstanding
March 31,
 
    2022     2021  
Warrants to purchase common shares     12,095,870       7,884,936  
Common Shares issuable on exercise of options     4,146,977       3,576,866  
Unvested restricted stock awards     236,112      
 
Total potentially dilutive Common Shares excluded     16,478,959       11,461,802  

 

Schedule of probability-weighted cash flows were discounted using a weighted average cost of capital
    March 31,
2022
 
Balance, December 31, 2021   $ (1,014,000 )
Additions    
 
Total gains recognized     146,000  
Balance as of March 31, 2022   $ (868,000 )