XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Sales $ 0 $ 100,024 $ 1,623,260 $ 2,756,103
Cost of sales 133,931 80,283 1,245,149 1,739,005
Gross profit (133,931) 19,741 378,111 1,017,098
Operating expenses        
General and administrative 1,395,921 2,578,727 6,056,919 6,785,405
Consulting 55,000 (13,312) 55,000 207,930
Research and development 20,470 46,734 152,351 175,546
Goodwill impairment charge 0 3,392,129 0 3,392,129
Total operating expenses, net 1,471,391 6,004,278 6,264,270 10,561,010
Loss from operations (1,605,322) (5,984,537) (5,886,159) (9,543,912)
Other (expense)/income:        
Interest (expense) income, net (30,874) (2,647) (38,084) 43,455
Unrealized gain (loss) on financial instruments at fair value 403,625 0 (595,783) 0
Other expense (2,415) (1,239) (2,415) (9,903)
Total other (expense)/income 370,336 (3,886) (636,282) 33,552
Loss before income taxes (1,234,986) (5,988,423) (6,522,441) (9,510,360)
Income tax expense 0 0 0 0
Net loss $ (1,234,986) $ (5,988,423) $ (6,522,441) $ (9,510,360)
Net loss per share to common stockholders:        
Basic and diluted (in dollars per share) $ (0.08) $ (0.4) $ (0.41) $ (0.63)
Weighted shares used in the computation of net loss per share:        
Basic and diluted (in shares) 16,302,177 15,068,208 15,872,826 15,036,967