XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue:    
Service income $ 12,972 $ 23,761
Operating Expenses    
Consulting and contractor expenses 1,487,446 1,234,353
Vessel maintenance and dockage 158,496 109,182
Research and development 172,877 439,816
Professional fees 70,271 83,196
General and administrative expense 406,560 376,696
Depreciation expense 21,860 21,860
Rent expense 46,077 41,182
Travel and entertainment expense 74,768 63,096
Total operating expenses 2,438,355 2,369,381
Net loss from operations (2,425,383) (2,345,620)
Other income (expense)    
Interest expense (62,268) (177,499)
Loss on extinguishment of debt (43,950) (121,847)
Net loss on settlement of accounts payable (448)
Gain on sale of asset 20,000
Loss on disposal of asset (85,000)
Total other income (expenses) (191,218) (279,794)
Loss before income tax (2,616,601) (2,625,414)
Provision for income tax
Net loss $ (2,616,601) $ (2,625,414)
Basic and diluted loss per share $ (0.00) $ (0.00)
Weighted average shares outstanding 6,686,861,948 5,645,802,431