Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 3,409,429 $ 272,705
Contract assets 62,273
Accounts receivable 48,045 10,877
Deferred expenses 4,941 185,084
Prepaid expenses and other current assets 35,261 33,569
Total Current Assets 3,497,676 564,508
Restricted cash 103,188 103,149
Property and equipment, net 894,967 986,407
Total Assets 4,495,831 1,654,064
Current Liabilities:    
Accounts payable and accrued expenses 119,205 187,046
Loan payable - short term 77,278 53,858
Deferred revenue 30,000 260,447
Total Current Liabilities 226,483 501,351
Loans payable - long term 554,853 621,600
Total liabilities 781,336 1,122,951
Commitments and contingencies (Note 8)
Stockholders’ Equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized; 0 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 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 September 30, 2021 and December 31, 2020, respectively 1,272 1,143
Additional paid-in capital 9,837,157 4,046,370
Accumulated deficit (6,123,934) (3,516,400)
Total Stockholders’ Equity 3,714,495 531,113
Total Liabilities and Stockholders’ Equity $ 4,495,831 $ 1,654,064