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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue $ 3,728,816 $ 0 $ 3,728,816 $ 0
Cost of revenue 1,543,826 0 1,543,826 0
Gross profit 2,184,990 0 2,184,990 0
Operating expenses:        
Research and development 1,671,906 570,935 3,235,888 1,554,602
Selling and marketing 3,069,520 0 3,069,520 0
General and administrative 1,425,180 257,369 2,573,082 1,094,399
Depreciation and amortization of intangible assets 429,477 23,619 479,848 70,638
Restructuring charges 726,280 0 726,280 0
Total operating expenses 7,322,363 851,923 10,084,618 2,719,639
Loss from operations (5,137,373) (851,923) (7,899,628) (2,719,639)
Other income (expense):        
Other income 3,683 9 37,763 10,883
Amortization of debt discount (14,179) (606,420) (22,479) (2,044,241)
Loss on forward purchase agreement (10,592,442) 0 (10,592,442) 0
Change in fair value of earnout liability (38,093) 0 (38,093) 0
Change in fair value of derivative liabilities 4,697,138 (2,658,328) 826,980 1,259,287
Loss on debt extinguishment 0 (1,064,692) 0 (1,064,692)
Total other income (expense) (6,327,396) (5,215,379) (10,702,808) (3,216,475)
Loss before provision for income taxes (11,464,769) (6,067,302) (18,602,436) (5,936,114)
Provision for income taxes 0 0 0 0
Net loss (11,464,769) (6,067,302) (18,602,436) (5,936,114)
Dividends on Series A, Series C-1, and C-2 preferred stock (49,378) (94,190) (676,023) (248,152)
Net loss attributable to common stockholders $ (11,514,147) $ (6,161,492) $ (19,278,459) $ (6,184,266)
Net loss per common share - basic $ (0.62) $ (6.74) $ (2.81) $ (3.74)
Net loss per common share - diluted $ (0.62) $ (6.74) $ (2.81) $ (3.74)
Weighted average of shares outstanding , Basic 18,629,730 913,655 6,871,258 1,651,593
Weighted average of shares outstanding , Diluted 18,629,730 913,655 6,871,258 1,651,593
Related Party [Member]        
Other income (expense):        
Interest expense $ (65,629) $ (52,471) $ (65,629) $ (52,471)
Nonrelated Party [Member]        
Other income (expense):        
Interest expense $ (317,874) $ (833,477) $ (848,908) $ (1,325,241)