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 ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 328,012 $ 4,230,865
Receivables 30,069 92,992
Inventory, net 315,670 151,155
Prepaid expenses and other 496,989 908,273
Total current assets 1,170,740 5,383,285
Property and equipment 821,416 866,306
Less accumulated depreciation and amortization 673,493 745,816
Property and equipment, net 147,923 120,490
Right-of-use lease assets 448,940 448,940
Less accumulated amortization 381,654 320,725
Right-of-use lease assets, net 67,286 128,215
License agreements, patents and trademarks 1,081,762 953,424
Less accumulated amortization 191,198 167,773
License agreements, patents and trademarks, net 890,564 785,651
Other assets 227,192 227,192
Total assets 2,503,705 6,644,833
Current liabilities:    
Accounts payable 2,426,652 1,421,317
Accrued liabilities and other 2,776,924 3,149,340
Note payable, current 0 453,427
Lease liabilities, current 118,409 275,718
Total current liabilities 5,321,985 5,299,802
Lease liabilities, net of current portion 2,062 20,288
Deferred revenue 700,000 700,000
Note payable to related party, net of discount of $779,695 720,305 0
Total liabilities 6,744,352 6,020,090
Commitments and contingencies (See Note 10)
Stockholders’ (deficit) equity:    
Common stock; $.001 par value, 300,000,000 shares authorized; 30,364,792 and 30,279,922 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 221,361 221,277
Additional paid-in capital 372,019,758 370,459,705
Accumulated deficit (376,774,310) (370,787,610)
Total stockholders' deficit (4,533,164) (106,556)
Noncontrolling interest 292,517 731,299
Total Navidea stockholders’ (deficit) equity (4,240,647) 624,743
Total liabilities and stockholders’ (deficit) equity 2,503,705 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 22 22
Series E Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 0 50
Series F Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 2 0
Series G Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock 3 0
Series H Preferred Stock [Member]    
Stockholders’ (deficit) equity:    
Preferred stock $ 0 $ 0