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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of inventory
   June 30,
2022
   December 31,
2021
 
Raw Material  $1,181,941   $1,153,254 
Work in Process   123,449    65,192 
Finished Goods   64,612    60,153 
Less Inventory Reserves   (100,254)   (100,254)
Total Inventory, Net  $1,269,748   $1,178,345 

 

Schedule of disaggregation of revenue
   Three months ended
June 30,
   Six months ended
June 30,
 
   2022   2021   2022   2021 
Type of Revenue                
Product revenue  $422,413   $71,400   $571,683   $89,000 
Service and subscription revenue   83,755    14,107    143,872    22,317 
Development revenue   98,051    801,237    298,862    1,939,377 
Other revenue   -    688    -    1,502 
Total revenue  $604,219   $887,432   $1,014,417   $2,052,196 

 

   Three months ended
June 30,
   Six months ended
June 30,
 
   2022   2021   2022   2021 
Timing of Revenue                
Revenue recognized point in time  $422,413   $72,088   $571,683   $90,502 
Revenue recognized over time   181,806    815,344    442,734    1,961,694 
Total revenue  $604,219   $887,432   $1,014,417   $2,052,196 

 

Schedule of deferred warranty activity
   Six Months Ended
June 30,
2022
   Year Ended December 31, 2021 
Balance at beginning of period  $512,397   $165,035 
Additions, net   130,000    2,238,137 
Transfer to revenue   (442,734)   (1,890,775)
Balance at end of period  $199,663   $512,397 

 

Schedule of ROU lease assets and lease liabilities
   June 30,
2022
   December 31,
2021
 
Assets:        
Operating lease assets  $3,443,315   $836,025 
Total lease assets  $3,443,315   $836,025 
           
Liabilities:          
Operating lease liabilities, current  $811,607   $550,525 
Operating lease liabilities, net of current   2,684,997    241,677 
Total lease liabilities  $3,496,604   $792,202 

 

Schedule of other Information
   Six Months Ended
June 30,
 
   2022   2021 
Operating cash flows for operating leases  $362,980   $220,730 
Weighted average remaining lease term (in years) – operating lease   5.78    1.75 
Weighted average discount rate – operating lease   6.4%   14%

 

Schedule of net loss per share
   Six months ended
June 30,
 
   2022   2021 
Warrants to purchase common stock   3,258,961    1,694,972 
Options to purchase common stock   1,819,241    643,006 
Restricted stock purchase offers   1,397,000    643,660 
Total potentially dilutive securities   6,475,202    2,981,638 

 

Schedule of concentration of customers
   Three months ended   Six months ended 
   June 30,   June 30, 
Customer  2022   2021   2022   2021 
A   86%   57%   85%   71%
B   0%   43%   0%   29%