Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

v3.22.2.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,600,791 $ 4,230,865
Receivables 155,189 92,992
Inventory, net 193,806 151,155
Prepaid expenses and other 150,125 908,273
Total current assets 5,099,911 5,383,285
Property and equipment 835,845 866,306
Less accumulated depreciation and amortization 686,828 745,816
Property and equipment, net 149,017 120,490
Right-of-use lease assets 448,940 448,940
Less accumulated amortization 412,458 320,725
Right-of-use lease assets, net 36,482 128,215
License agreements, patents and trademarks 1,143,814 953,424
Less accumulated amortization 202,566 167,773
License agreements, patents and trademarks, net 941,248 785,651
Other assets 31,774 227,192
Total assets 6,258,432 6,644,833
Current liabilities:    
Accounts payable 1,738,519 1,421,317
Accrued liabilities and other 5,866,992 3,149,340
Note payable, current 0 453,427
Lease liabilities, current 27,346 275,718
Deferred revenue, current 800,000 0
Total current liabilities 8,432,857 5,299,802
Lease liabilities, net of current portion 1,690 20,288
Deferred revenue 700,000 700,000
Note payable to related party, net of discount of $708,999 1,791,001 0
Total liabilities 10,925,548 6,020,090
Commitments and contingencies (See Note 10)
Stockholders’ (deficit) equity:    
Common stock; $.001 par value, 300,000,000 shares authorized; 32,150,918 and 30,279,922 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 223,148 221,277
Additional paid-in capital 379,337,227 370,459,705
Accumulated deficit (384,520,021) (370,787,610)
Total stockholders' deficit (4,959,633) (106,556)
Noncontrolling interest 292,517 731,299
Total Navidea stockholders’ (deficit) equity (4,667,116) 624,743
Total liabilities and stockholders’ (deficit) equity 6,258,432 6,644,833
Non-Series Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 0 0
Series D Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 0 22
Series E Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 0 50
Series G Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 3 0
Series H Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 0 0
Series I Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock $ 10 $ 0