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Condensed Consolidated Statements of Net Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue $ 3,618 $ 3,907 $ 116,610 $ 76,020
Cost of sales 8,356 11,177 71,695 47,468
Gross profit (loss) (4,738) (7,270) 44,915 28,552
Operating expenses:        
General and administrative 2,613,075 1,545,271 6,316,930 5,696,109
Operations, research and development 528,557 535,236 1,548,678 1,724,013
Sales and marketing 133,494 72,667 406,086 815,563
Total operating expenses 3,275,126 2,153,174 8,271,694 8,235,685
Total operating (loss) (3,279,864) (2,160,444) (8,226,779) (8,207,133)
Other income 2,631 36,379 688,483 64,497
Other expense (3,504) (5,822) (6,752) (9,393)
Gain (loss) on derivative instruments (74,366,000) 7 (74,366,000) 1,375
Loss from continuing operations (77,646,737) (2,129,880) (81,911,048) (8,150,654)
Loss from discontinued operations (5,106) (964,810) (254,130) (2,344,140)
Net (loss) $ (77,651,843) $ (3,094,690) $ (82,165,178) $ (10,494,794)
Loss from continuing operations (in dollars per share) $ (107.24) $ (4.99) $ (135.7) $ (24.23)
Loss from discontinued operations (in dollars per share) (0.01) (2.27) (0.42) (6.97)
Net (loss) per common share, basic and diluted (in dollars per share) $ (107.25) $ (7.26) $ (136.12) $ (31.2)
Weighted average shares used in computation – basic and diluted (in shares) 723,998 426,423 603,605 336,423