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Liquidity Capital Resources and Going Concern
9 Months Ended
Sep. 30, 2023
Liquidity Capital Resources and Going Concern  
Liquidity, Capital Resources and Going Concern

Note 3 – Liquidity, Capital Resources and Going Concern

 

As of September 30, 2023, the Company had working capital of $16,277,928 compared to working capital of $7,060,511 at December 31, 2022. As of September 30, 2023, the Company had an accumulated deficit of $12,872,333. For the nine months ended September 30, 2023, the Company had a net loss of $5,022,351 and used $6,699,631 of net cash in operations for the period.

 

The Company believes it has sufficient cash-on-hand for the Company to meet its financial obligations as they come due at least the next 12 months from the date of the report.