Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash $ 1,192,351 $ 2,681,010
Marketable Securities 9,449,483 2,242,106
Prepaid expenses 1,385,101 893,226
Total Current Assets 12,026,935 5,816,342
Non-Current Assets    
Lease Right-of-Use 18,285 47,389
Goodwill 10,498,539 10,498,539
Investment in Oravax Medical 1,500,000 1,500,000
Total Non-Current Assets 12,016,824 12,045,928
Total Assets 24,043,759 17,862,270
Current Liabilities    
Trade and Other Payables 4,160,337 3,716,218
Lease Liability 18,285 48,870
Dividends Payable 1,498,119 265,019
Derivative Liability 1,282,000 61,000
Warrant Liability 867,000
Total Current Liabilities 6,988,723 4,988,089
Non-Current Liabilities    
Deferred Compensation Payable, net of current 100,538
Total Non-Current Liabilities 100,538
Total Liabilities 6,988,723 5,088,627
Commitments and Contingencies
Mezzanine Equity    
Total Mezzanine Equity 277,693 404,071
STOCKHOLDERS’ EQUITY    
Common Stock, par value $0.001, 250,000,000 shares authorized, 2,472,048 and 2,018,857 shares issued and outstanding as of September 30, 2024 and December 31, 2023 2,472 2,019
Additional Paid in Capital 142,632,753 114,200,096
Accumulated Deficit (126,002,406) (101,977,067)
Total Stockholders’ Equity 16,777,343 12,369,572
Total Liabilities, Mezzanine Equity, and Stockholders’ Equity 24,043,759 17,862,270
Series F Convertible Preferred Stock [Member]    
Mezzanine Equity    
Preferred Stock value 4,467,229 6,500,278
Series Convertible Preferred Stock – Discount (3,231,402) (4,702,023)
Series F Convertible Preferred Stock – Derivative (958,134) (1,394,184)
Series F-1 Convertible Preferred Stock [Member]    
Mezzanine Equity    
Preferred Stock value 5,050,000
Series Convertible Preferred Stock – Discount (5,050,000)
Series G Convertible Preferred Stock [Member]    
Mezzanine Equity    
Preferred Stock value 8,950,000
Series Convertible Preferred Stock – Discount (8,950,000)
Series D Convertible Preferred Stock [Member]    
STOCKHOLDERS’ EQUITY    
Preferred stock, value 144,524 144,524
Related Party [Member]    
Current Liabilities    
Due to MyMD FL Shareholders $ 29,982 $ 29,982