Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,995,860 $ 4,230,865
Receivables 630 92,992
Inventory, net 427,344 151,155
Prepaid expenses and other 780,110 908,273
Total current assets 3,203,944 5,383,285
Property and equipment 835,845 866,306
Less accumulated depreciation and amortization 700,498 745,816
Property and equipment, net 135,347 120,490
Right-of-use lease assets 107,243 448,940
Less accumulated amortization 86,943 320,725
Right-of-use lease assets, net 20,300 128,215
License agreements, patents and trademarks 1,215,604 953,424
Less accumulated amortization 215,363 167,773
License agreements, patents and trademarks, net 1,000,241 785,651
Other assets 11,774 227,192
Total assets 4,371,606 6,644,833
Current liabilities:    
Accounts payable 2,122,538 1,421,317
Accrued liabilities and other 6,456,762 3,108,515
Notes payable, current 543,613 453,427
Lease liabilities, current 18,976 275,718
Deferred revenue, current 800,000 40,825
Total current liabilities 9,941,889 5,299,802
Lease liabilities, net of current portion 1,312 20,288
Note payable to related party, net of discount of $628,285 1,871,715 0
Deferred revenue 700,000 700,000
Total liabilities 12,514,916 6,020,090
Stockholders’ (deficit) equity:    
Common stock; $.001 par value; 300,000,000 shares authorized; 32,687,666 and 30,279,922 shares issued and outstanding as of December 31, 2022 and 2021, respectively 223,684 221,277
Additional paid-in capital 379,343,124 370,459,705
Accumulated deficit (388,002,649) (370,787,610)
Total stockholders' deficit (8,435,828) (106,556)
Noncontrolling interest 292,518 731,299
Total Navidea stockholders’ (deficit) equity (8,143,310) 624,743
Total liabilities and stockholders’ (deficit) equity 4,371,606 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 subscription 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