Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 4,002,228 $ 272,705
Contract assets 0 62,273
Accounts receivable 4,545 10,877
Deferred expenses 21,782 185,084
Prepaid expenses 39,856 33,569
Total Current Assets 4,068,411 564,508
Restricted cash 103,175 103,149
Property and equipment, net 925,427 986,407
Total Assets 5,097,013 1,654,064
Current Liabilities:    
Accounts payable and accrued expenses 144,836 187,046
Deferred revenue 101,980 260,447
Loans payable – short term 67,855 53,858
Total Current Liabilities 314,671 501,351
Loans payable – long term 578,534 621,600
Total Liabilities 893,205 1,122,951
Stockholders’ Equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; none issued and outstanding At June 30, 2021 and December 31, 2020 0 0
Common stock, $0.0001 par value, 45,000,000 shares authorized, 12,726,911 and 11,429,661 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively 1,272 1,143
Additional paid-in capital 9,929,130 4,046,370
Accumulated deficit (5,726,594) (3,516,400)
Total Stockholders’ Equity 4,203,808 531,113
Total Liabilities and Stockholders’ Equity $ 5,097,013 $ 1,654,064