|
|
|
(State
or other jurisdiction of incorporation)
|
(Commission
File No.)
|
(IRS
Employer Identification No.)
|
Title of Each Class
|
Trading Symbol(s)
|
Name of Each Exchange on Which Registered
|
|
|
|
|
As of December 31, 2019
|
|
|
|
|
|||
BALANCE
SHEET
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
|
|
|
|
Finance and Operating ROU
Assets
|
$14,066,247
|
$1,985,751
|
$16,051,998
|
14%
|
|
|
|
|
Property and equipment,
net
|
2,712,577
|
-
|
2,712,577
|
0%
|
|
|
|
|
Other Assets
|
12,729,009
|
-
|
12,729,009
|
0%
|
|
|
|
|
Total
Assets
|
$29,507,833
|
$1,985,751
|
$31,493,584
|
7%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Finance and
Operating Lease Liability
|
$14,252,491
|
-
|
14,252,491
|
0%
|
|
|
|
|
Other
Liabilities
|
8,287,028
|
-
|
8,287,028
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
stockholders' equity
|
6,968,314
|
1,985,751
|
8,954,065
|
28%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders'
equity
|
$29,507,833
|
$1,985,751
|
$31,493,584
|
7%
|
|
|
|
|
|
Three Months Ending December 31, 2019
|
|
|
|
|
|||
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
|
|
|
|
STATEMENT
OF
OPERATIONS
|
|
|
|
|
|
|
|
|
Grant Income
|
$35,506
|
$-
|
$35,506
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
Expenses
|
|
|
|
|
|
|
|
|
Research and
Development
|
4,196,613
|
56,200
|
4,252,813
|
1%
|
|
|
|
|
General and
administrative
|
2,638,896
|
-
|
2,638,896
|
0%
|
|
|
|
|
Total Operating
Expenses
|
6,835,509
|
56,200
|
6,891,709
|
1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
loss
|
(6,800,003)
|
(56,200)
|
(6,856,203)
|
1%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest
expense, net
|
(250,783)
|
-
|
(250,783)
|
0%
|
|
|
|
|
Other profit
and loss items
|
1,575,626
|
-
|
1,575,626
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net loss
|
$(5,475,160)
|
$(56,200)
|
$(5,531,360)
|
1%
|
|
|
|
|
|
As of March 31, 2020
|
|
|
|
|
|||
BALANCE
SHEET
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
|
|
|
|
Finance and Operating ROU
Assets
|
$13,640,703
|
$1,929,551
|
$15,570,254
|
14%
|
|
|
|
|
Prpoperty and equipment,
net
|
3,286,273
|
-
|
3,286,273
|
0%
|
|
|
|
|
Other Assets
|
17,790,250
|
-
|
17,790,250
|
0%
|
|
|
|
|
Total
Assets
|
$34,717,226
|
$1,929,551
|
$36,646,777
|
6%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Finance and Operating Lease
Liability
|
$14,022,236
|
-
|
14,022,236
|
0%
|
|
|
|
|
Other
Liabilities
|
8,486,481
|
-
|
8,486,481
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
stockholders' equity
|
12,208,509
|
1,929,551
|
14,138,060
|
16%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity
|
$34,717,226
|
$1,929,551
|
$36,646,777
|
6%
|
|
|
|
|
|
Three Months Ending March 31, 2020
|
Six Months Ending March 31, 2020
|
||||||
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
STATEMENT
OF
OPERATIONS
|
|
|
|
|
|
|
|
|
Grant
Income
|
$298,726
|
$-
|
$298,726
|
0%
|
$334,232
|
$-
|
$334,232
|
0%
|
|
|
|
|
|
|
|
|
|
Operating
Expenses
|
|
|
|
|
|
|
|
|
Research and
Development
|
4,402,347
|
56,200
|
4,458,547
|
1%
|
8,598,960
|
112,400
|
8,711,360
|
1%
|
General and
administrative
|
2,558,522
|
-
|
2,558,522
|
0%
|
5,197,418
|
-
|
5,197,418
|
0%
|
Total
Operating Expenses
|
6,960,869
|
56,200
|
7,017,069
|
1%
|
13,796,378
|
112,400
|
13,908,778
|
1%
|
|
|
|
|
|
|
|
|
|
Operating
loss
|
(6,662,143)
|
(56,200)
|
(6,718,343)
|
1%
|
(13,462,146)
|
(112,400)
|
(13,574,546)
|
1%
|
|
|
|
|
|
|
|
|
|
Interest
expense, net
|
(253,407)
|
-
|
(253,407)
|
0%
|
(504,190)
|
-
|
(504,190)
|
0%
|
Other profi
and loss items
|
(2,117,802)
|
-
|
(2,117,802)
|
0%
|
(542,176)
|
-
|
(542,176)
|
0%
|
|
|
|
|
|
|
|
|
|
Net loss
|
$(9,033,352)
|
$(56,200)
|
$(9,089,552)
|
1%
|
$(14,508,512)
|
$(112,400)
|
$(14,620,912)
|
1%
|
|
As of June 30, 2020
|
|
|
|
|
|||
BALANCE
SHEET
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
|
|
|
|
Finance and
Operating ROU Assets
|
$13,605,286
|
$1,873,351
|
$15,478,637
|
14%
|
|
|
|
|
Property and
equipment, net
|
3,762,633
|
-
|
3,762,633
|
0%
|
|
|
|
|
Other
Assets
|
24,666,948
|
-
|
24,666,948
|
0%
|
|
|
|
|
Total Assets
|
$42,034,867
|
$1,873,351
|
$43,908,218
|
4%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Finance and
Operating Lease Liability
|
$14,157,390
|
-
|
14,157,390
|
0%
|
|
|
|
|
Other
Liabilities
|
8,862,537
|
-
|
8,862,537
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
stockholders' equity
|
19,014,940
|
1,873,351
|
20,888,291
|
10%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and stockholders' equity
|
$42,034,867
|
$1,873,351
|
$43,908,218
|
4%
|
|
|
|
|
|
Three Months Ending June 30, 2020
|
Nine Months Ending June 30, 2020
|
||||||
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
As Reported
|
Adjustment
|
Corrected
|
% Impact
|
STATEMENT
OF
OPERATIONS
|
|
|
|
|
|
|
|
|
Grant
Income
|
$195,874
|
$-
|
$195,874
|
0%
|
$530,106
|
$-
|
$530,106
|
0%
|
|
|
|
|
|
|
|
|
|
Operating
Expenses
|
|
|
|
|
|
|
|
|
Research and
Development
|
3,912,870
|
56,200
|
3,969,070
|
1%
|
12,511,830
|
168,600
|
12,680,430
|
1%
|
General and
administrative
|
3,192,403
|
-
|
3,192,403
|
0%
|
8,389,821
|
-
|
8,389,821
|
0%
|
Total
Operating Expenses
|
7,105,273
|
56,200
|
7,161,473
|
1%
|
20,901,651
|
168,600
|
21,070,251
|
1%
|
|
|
|
|
|
|
|
|
|
Operating
loss
|
(6,909,399)
|
(56,200)
|
(6,965,599)
|
1%
|
(20,371,545)
|
(168,600)
|
(20,540,145)
|
1%
|
|
|
|
|
|
|
|
|
|
Interest
expense, net
|
(273,708)
|
-
|
(273,708)
|
0%
|
(777,898)
|
-
|
(777,898)
|
0%
|
Other profit
and loss items
|
(3,037,672)
|
-
|
(3,037,672)
|
0%
|
(3,579,848)
|
-
|
(3,579,848)
|
0%
|
|
|
|
|
|
|
|
|
|
Net loss
|
$(10,220,779)
|
$(56,200)
|
$(10,276,979)
|
1%
|
$(24,729,291)
|
$(168,600)
|
$(24,897,891)
|
1%
|
|
CEL-SCI CORPORATION
|
|
|
|
|
|
|
Date:
December 29, 2020
|
By:
|
/s/ Geert
Kersten
|
|
|
|
Geert
Kersten
|
|
|
|
Chief
Executive Officer
|
|