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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Sales:        
Total Sales $ 3,426,823 $ 3,018,774 $ 8,937,633 $ 9,850,702
Cost of Sales:        
Cost of Sales - Depreciation and Amortization 221,772 252,759 676,720 953,614
Total Cost of Sales 2,558,602 2,622,812 7,328,335 8,330,733
Gross Profit 868,221 395,962 1,609,298 1,519,969
Operating Expenses:        
Research and Development 3,440,685 3,397,118 9,540,272 8,326,431
Selling and Marketing 1,980,748 1,653,013 5,895,332 4,305,632
General and Administrative 4,854,014 5,463,247 15,307,242 16,672,046
Depreciation and Amortization 510,099 246,902 1,149,046 731,035
Loss on Fixed Asset Disposal       83,908
Impairment of Patents and Trademarks 48,075 7,544 97,676 66,040
Total Operating Expenses 10,833,621 10,767,824 31,989,568 30,185,092
Loss From Operations (9,965,400) (10,371,862) (30,380,270) (28,665,123)
Other Income (Expense):        
Investment Income 572,721 29,843 690,028 45,448
Income and Other Taxes (19,768) (105,526) (98,727) (138,034)
Foreign Exchange Loss (64,552) (40,003) (215,698) (126,681)
Total Other Income (Expense), Net 488,401 (115,686) 375,603 (219,267)
Loss Before Provision for Income Taxes (9,476,999) (10,487,548) (30,004,667) (28,884,390)
Net Loss $ (9,476,999) $ (10,487,548) $ (30,004,667) $ (28,884,390)
Basic Loss per Common Share $ (0.15) $ (0.17) $ (0.47) $ (0.48)
Diluted Loss per Common Share $ (0.15) $ (0.17) $ (0.47) $ (0.48)
Weighted-average Shares Outstanding - Basic 63,776,154 63,520,878 63,724,982 60,278,923
Weighted-average Shares Outstanding - Diluted 63,776,154 63,520,878 63,724,982 60,278,923
Sales of Products        
Sales:        
Total Sales $ 2,537,539 $ 3,018,774 $ 7,939,483 $ 9,657,589
Cost of Sales:        
Cost of Sales 2,034,123 $ 2,370,053 6,289,612 7,347,450
Sales of Engineering Services        
Sales:        
Total Sales 889,284   998,150 193,113
Cost of Sales:        
Cost of Sales $ 302,707   $ 362,003 $ 29,669