General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities:            
Net loss $ (710,663) $ (307,151) $ (2,607,534) $ (1,304,732) $ (2,043,108) $ (1,458,169)
Adjustments to reconcile net loss to net cash used in operating activities:            
Stock-based compensation     1,123,423 329,274 623,457 580,178
Forgiveness of PPP loan and other     (210,680)    
Depreciation and amortization     124,631 72,811 111,311 5,341
Changes in operating assets and liabilities:            
Contract assets     62,273 430,732 481,671 (214,882)
Accounts receivable     (37,168) (184,418) (9,397) 690
Prepaid expenses and other current assets     (1,693) 55,657 92,538 (145,026)
Deferred expenses     180,143 29,547 (73,536) (104,627)
Accounts payable and accrued expenses     (67,843) 93,636 (30,959) (37,052)
Deferred revenue     (230,447) (106,000) (51,931) 312,378
Total Adjustments     942,639 721,239 1,267,029 397,000
Net Cash Used In Operating Activities     (1,664,895) (583,493) (776,079) (1,061,169)
Cash Flows Used In Investing Activities:            
Purchases of property and equipment     (32,505) (610,487) (686,915) (367,005)
Net Cash from Investing Activities     (32,505) (610,487) (686,915) (364,522)
Cash Flows From Financing Activities:            
Proceeds from sale of common stock, net of costs     4,599,055 2,445,603
Proceeds from government loans     193,625 684,580    
Repayment of government loans     (26,956) (1,175)    
Proceeds from exercise of stock options     68,438 230,624    
Payment of deferred offering costs     (40,742)    
Payment of deferred loan costs     (4,560)    
Net Cash Provided By Financing Activities     4,834,162 868,727 1,040,566 2,198,962
Net Increase (Decrease) In Cash and Restricted Cash     3,136,762 (325,253)    
Cash and Restricted Cash – Beginning Of Period     375,855 798,283 798,283  
Cash and Restricted Cash – End Of Period 3,512,617 473,030 3,512,617 473,030 375,855 798,283
Cash and Restricted Cash Consisted of the Following:            
Cash 3,409,429 370,220 3,409,429 370,220 272,705 697,141
Restricted cash 103,188 102,810 103,188 102,810 $ 103,149 $ 101,141
Cash and Restricted Cash $ 3,512,617 $ 473,030 3,512,617 473,030    
Cash paid during the year for:            
Interest     $ 6,911 $ 100