Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Current Period Unaudited)

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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 6,143,869 $ 1,995,860
Receivables 44,712 630
Inventory, net 460,746 427,344
Prepaid expenses and other 355,215 780,110
Total current assets 7,004,542 3,203,944
Property and equipment 733,145 835,845
Less accumulated depreciation and amortization 610,747 700,498
Property and equipment, net 122,398 135,347
Right-of-use lease assets 24,313 107,243
Less accumulated amortization 4,749 86,943
Right-of-use lease assets, net 19,564 20,300
License agreements, patents and trademarks 1,303,906 1,215,604
Less accumulated amortization 242,372 215,363
License agreements, patents and trademarks, net 1,061,534 1,000,241
Other assets 11,774 11,774
Total assets 8,219,812 4,371,606
Current liabilities:    
Accounts payable 2,007,781 2,122,538
Accrued liabilities and other 4,159,946 6,456,762
Notes payable, current 1,319,105 543,613
Lease liabilities, current 19,030 18,976
Deferred revenue, current 800,000 800,000
Total current liabilities 8,305,862 9,941,889
Lease liabilities, net of current portion 534 1,312
Deferred revenue 700,000 700,000
Total liabilities 9,006,396 12,514,916
Stockholders’ deficit:    
Common Stock; $.001 par value, 300,000,000 shares authorized; 96,149,385 and 32,687,666 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 287,146 223,684
Additional paid-in capital 382,287,796 379,343,124
Accumulated deficit (383,654,144) (388,002,649)
Total stockholders' deficit (1,079,101) (8,435,828)
Noncontrolling interest 292,517 292,518
Total Navidea stockholders’ deficit (786,584) (8,143,310)
Total liabilities and stockholders’ deficit 8,219,812 4,371,606
Non-Series Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 0 0
Series G Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 2 3
Series H Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 0 0
Series I Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 4 10
Series D Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 11 0
Series E Preferred Stock [Member]    
Stockholders’ deficit:    
Preferred stock 84 0
Related Party [Member]    
Current liabilities:    
Notes Payable, Noncurrent $ 0 $ 1,871,715