v3.21.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Total revenue $ 608,927 $ 268,154 $ 1,168,801 $ 522,027
Costs and expenses:        
Cost of products and services 286,660 134,882 512,935 310,028
Research and development 256,507 294,602 556,450 560,292
Selling and marketing 92,813 162,098 186,141 351,214
General and administrative 619,286 1,007,215 1,634,716 2,026,225
Total operating costs and expenses 1,255,266 1,598,797 2,890,242 3,247,759
Operating loss (646,339) (1,330,643) (1,721,441) (2,725,732)
Other (expense) income:        
Interest expense, net (3,526,141) (1,724,879) (8,194,205) (3,296,679)
Unrealized (loss) gain on investment in equity securities (134,477) 196,891 (242,380) 346,262
Loss on extinguishment of liabilities (498,226) (1,710,151) (1,223,385) (2,846,518)
Other income 60,012 58,653
Total other expense (4,098,832) (3,238,139) (9,601,317) (5,796,935)
Net loss (4,745,171) (4,568,782) (11,322,758) (8,522,667)
Deemed dividends on beneficial conversion feature (57,884)
Preferred stock dividends (404,171) (396,970) (807,386) (721,556)
Net loss attributable to common stockholders $ (5,149,342) $ (4,965,752) $ (12,188,028) $ (9,244,223)
Basic and diluted net loss per share attributable to common stockholders $ (0.90) $ (1.70) $ (2.29) $ (3.34)
Weighted average common stock shares outstanding used in the basic and diluted net loss per share calculation 5,748,711 2,914,659 5,312,172 2,765,132
Products, Services, Other [Member]        
Revenue:        
Total revenue $ 608,927 $ 268,154 $ 1,168,801 $ 522,027

Source