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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 7,520,767 $ 5,958,544 $ 11,275,156 $ 9,405,252
Cost of revenue 2,195,255 1,677,488 3,650,601 2,816,594
Gross profit 5,325,512 4,281,056 7,624,555 6,588,658
Operating expenses:        
Research and development 1,007,224 564,235 1,963,438 1,041,225
Selling, clinical and marketing 2,777,135 2,271,937 5,138,980 4,302,488
General and administrative 2,656,217 2,547,890 5,525,968 5,018,947
Total operating expenses 6,440,576 5,384,062 12,628,386 10,362,660
Loss from operations (1,115,064) (1,103,006) (5,003,831) (3,774,002)
Other (income) expense, net        
Interest income (107,242) (103,439) (242,535) (189,753)
Other expense, net 0 5,631 0 5,631
Loss on equity investment 0 12,514 0 29,716
Total other expense (income), net (107,242) (85,294) (242,535) (154,406)
Loss before income taxes (1,007,822) (1,017,712) (4,761,296) (3,619,596)
Income tax expense (benefit) 113,785 (3,562) 195,943 38,849
Net loss $ (1,121,607) $ (1,014,150) $ (4,957,239) $ (3,658,445)
Weighted average number of common shares outstanding:        
Basic 37,368,488 27,992,928 37,060,543 26,000,216
Diluted 37,368,488 27,992,928 37,060,543 26,000,216
Net loss per share attributable to common stockholders        
Basic $ (0.03) $ (0.04) $ (0.13) $ (0.14)
Diluted $ (0.03) $ (0.04) $ (0.13) $ (0.14)
Product revenue        
Revenue $ 7,520,767 $ 4,243,624 $ 11,275,156 $ 7,690,332
License revenue        
Revenue $ 0 $ 1,714,920 $ 0 $ 1,714,920