v3.23.3
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Products, services, other $ 413,009 $ 144,032 $ 1,665,412 $ 1,122,169
Total revenue 413,009 144,032 1,665,412 1,122,169
Costs and expenses:        
Cost of products and services 229,457 126,203 844,684 742,707
Research and development 288,345 262,370 1,004,437 716,685
Selling and marketing 157,773 226,526 537,802 422,422
General and administrative 1,030,243 892,293 5,290,564 2,591,644
Total operating costs 1,705,818 1,507,392 7,677,487 4,473,458
Operating loss (1,292,809) (1,363,360) (6,012,075) (3,351,289)
Other (expense) income:        
Interest expense, net (4,338,759) (2,034,021) (14,112,098) (6,448,771)
Unrealized gain (loss) on investment in equity securities (5,965) (8,675) 14,280 (8,047)
Gain (loss) on extinguishment of liabilities (1,054,122) 687,591 (1,809,249)
Other income (expense) 7,588 (2,059) 11,820 (904)
Total other expense (4,337,136) (3,098,877) (13,398,407) (8,266,971)
Net loss (5,629,945) (4,462,237) (19,410,482) (11,618,260)
Deemed dividends on extension of warrants (3,626,950)
Preferred stock dividends (632,054) (431,709) (1,629,133) (1,295,566)
Net loss attributable to common shareholders $ (6,261,999) $ (4,893,946) $ (24,666,565) $ (12,913,826)
Basic net loss per share attributable to common shareholders $ (0.29) $ (0.44) $ (1.21) $ (1.24)
Diluted net loss per share attributable to common shareholders $ (0.29) $ (0.44) $ (1.21) $ (1.24)
Weighted average number of shares of common stock outstanding, basic 21,716,950 11,131,742 20,337,229 10,429,817
Weighted average number of shares of common stock outstanding, diluted 21,716,950 11,131,742 20,337,229 10,429,817

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