v3.21.2
CONDENSED INTERIM STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flow from Operating Activities:    
Net loss $ (10,120,611) $ (3,507,007)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-Based Compensation 4,482,078 508,333
Share-Based Payments to Vendors 1,500,241 473,841
Executive Compensation Settled with Membership Interests 916,765 781,700
Gain on forgiveness of Paycheck Protection Program Loan (66,503)  
(Increase) / Decrease in:    
Prepaid Expenses (481,973) 40,011
Accounts Payable and Accrued Expenses 256,506 (688,682)
Net Cash Used in Operating Activities (3,513,497) (2,391,804)
Cash Flow from Financing Activities:    
Proceeds from Advanced Receipts of Private Placement Offerings   1,058,554
Proceeds from Paycheck Protection Program Loan   66,503
Proceeds from Initial Public Offering, net of issuance costs 14,797,132  
Proceeds from Private Placement Offerings, net of issuance costs   2,190,053
Net Cash Provided by Financing Activities 14,797,132 3,315,110
Net Increase in Cash 11,283,635 923,306
Cash at Beginning of Period 3,175,411 2,483,322
Cash at End of Period $ 14,459,046 $ 3,406,628

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