Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current Assets    
Cash $ 95,221,785 $ 424,223
Restricted cash 5,000,000 5,000,000
Accounts receivable 338,118 271,142
Prepaid expenses and other current assets 1,011,430 909,766
Assets of discontinued operations 45,363,817
Total Current Assets 101,571,333 51,968,948
Property and equipment, net 6,873,533 9,275,729
Intangible assets, net 29,820 30,818
Deposits 625,000 625,000
Total Assets 109,099,686 61,900,495
Current Liabilities    
Accounts payable 342,185 901,353
Accrued expenses and other current liabilities 2,820,105 1,987,017
Accrued interest, current portion 152,899
Due to affiliates 9,433,975
Deferred revenue 354,104 57,018
Bridge note payable 1,421,096
Convertible debt, net of discount, current portion 1,000,000
Convertible debt, related party, net of discount, current portion 1,000,000
Loans payable, current portion 539,055
Liabilities of discontinued operations 9,169,247
Total Current Liabilities 3,516,394 25,661,660
Deferred rent 1,961,640 1,693,066
Accrued interest, non-current portion 193,939
Convertible debt, net of discount, non-current portion 578,172
Loans payable, non-current portion 368,074
Total Liabilities 5,478,034 28,494,911
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized, 39,141,907 and 38,506,844 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 3,915 3,851
Additional paid in capital 197,642,458 195,488,181
Accumulated deficit (94,251,576) (162,277,414)
Accumulated other comprehensive income 226,855 190,966
Total Stockholders’ Equity 103,621,652 33,405,584
Total Liabilities and Stockholders’ Equity $ 109,099,686 $ 61,900,495