v3.23.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
REVENUES $ 630,428 $ 1,651,765
COST OF REVENUE 349,930 559,965
GROSS PROFIT 280,498 1,091,800
EXPENSES:    
Salaries & Benefits 4,740,437 4,286,368
Stock-Based Compensation 793,251 1,066,455
Operations and R&D Costs 653,194 890,553
Investor, Public Relations and Marketing 422,645 503,823
Organizational Costs 311,606 726,147
Legal & Professional Service Fees 725,285 915,530
Office Expenses 914,802 734,386
Depreciation & Amortization 116,167 94,105
Other Operating Expenses 352,115 353,818
Total Operating Expenses 9,029,502 9,571,185
LOSS FROM OPERATIONS (8,749,004) (8,479,385)
OTHER INCOME (EXPENSE)    
Interest Income 3,487 13,866
State Incentives 76,628
Exchange Rate Loss (16,190) (263)
Other Income 1,092,441
Interest Expense (7,345) (11,264)
Total Other Income (Expense) 56,580 1,094,780
LOSS BEFORE PROVISION FOR INCOME TAXES (8,692,424) (7,384,605)
Provision for Income Taxes
Net Loss (8,692,424) (7,384,605)
Preferred Dividends 56,880 103,567
Net Loss applicable to Common Stockholders $ (8,749,304) $ (7,488,172)
Net Loss per Common Share - Basic and Diluted $ (0.83) $ (0.76)
Weighted Average Number of Shares Outstanding - Basic and Diluted 10,498,802 9,828,541

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