v3.22.2.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets:      
Cash and cash equivalents $ 6,195,446 $ 1,274,729 $ 4,492,400
Prepaid expenses and other current assets 309,628 637,342 128,000
Total current assets 6,505,074 1,912,071 4,620,400
Property and equipment, net 96,395 115,181
Right-of-use lease asset 14,960
Total assets 6,601,469 2,042,212 4,620,400
Current liabilities:      
Accounts payable 466,084 596,261 865,901
Accrued payroll and related expenses     266,852
Accrued expenses 996,447 1,528,669 76,023
Lease liability 16,752
Deferred underwriting commissions 2,911,260  
Total current liabilities 4,373,791 2,141,682 1,208,776
Total liabilities 4,373,791 2,141,682 1,208,776
Commitments and Contingencies
Stockholders’ equity (deficit):      
Series A Preferred Stock value 3,903,730 403,733
Series A-1 Preferred Stock value 3,578,197
Common stock value 23,536 2,309 2,293
Additional paid-in capital 26,343,404 6,933,593 5,536,060
Accumulated deficit (24,139,262) (14,517,299) (2,530,462)
Total stockholders’ equity (deficit) 2,227,678 (99,470) 3,411,624
Total liabilities and stockholders’ equity (deficit) $ 6,601,469 2,042,212 $ 4,620,400
Previously Reported      
Current assets:      
Cash and cash equivalents   1,274,729  
Prepaid expenses and other current assets   637,342  
Total current assets   1,912,071  
Property and equipment, net   115,181  
Right-of-use lease asset   14,960  
Total assets   2,042,212  
Current liabilities:      
Accounts payable   596,261  
Accrued payroll and related expenses   756,729  
Accrued expenses   771,940  
Lease liability   16,752  
Total current liabilities   2,141,682  
Total liabilities   2,141,682  
Commitments and Contingencies    
Stockholders’ equity (deficit):      
Series A Preferred Stock value   3,903,730  
Series A-1 Preferred Stock value   3,578,197  
Common stock value   2,309  
Additional paid-in capital   6,933,593  
Accumulated deficit   (14,517,299)  
Total stockholders’ equity (deficit)   (99,470)  
Total liabilities and stockholders’ equity (deficit)   2,042,212  
Pro Forma      
Stockholders’ equity (deficit):      
Series A Preferred Stock value    
Series A-1 Preferred Stock value    
Common stock value   3,622  
Additional paid-in capital   14,414,207  
Accumulated deficit   (14,517,299)  
Total stockholders’ equity (deficit)   (99,470)  
Total liabilities and stockholders’ equity (deficit)