XML 15 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current Assets    
Cash and cash equivalents $ 18,637,114 $ 2,159,608
Accounts receivable, net 2,649 179,444
Inventory, net 348,411 378,326
Prepaid expenses and other 1,489,921 1,273,720
Total Current Assets 20,478,095 3,991,098
Noncurrent Assets    
Property and equipment, net 68,513 77,346
Goodwill 631,064
Intangible assets, net 1,830 1,830
Deposits 14,747 14,747
Operating lease right-of-use asset 462,874 565,877
Total Noncurrent Assets 547,964 1,290,864
TOTAL ASSETS 21,026,059 5,281,962
Current Liabilities    
Accounts payable and accrued liabilities 1,207,258 1,345,589
Deferred revenue 4,338,570 2,839,838
Accrued equity compensation 89,970 83,625
Other liabilities 37,078
Current portion of operating lease liability 118,235 100,139
Total Current Liabilities 5,754,033 4,406,269
Noncurrent Liabilities    
Operating lease liability, net of current portion 376,851 486,226
Total Noncurrent Liabilities 376,851 486,226
TOTAL LIABILITIES 6,130,884 4,892,495
Commitments and Contingencies (Note 11)
TEMPORARY EQUITY    
Series B Redeemable Convertible Preferred Stock, $0.00001 par value; 0 and 3,300 issued and outstanding, respectively 3,960,000
Total Temporary Equity 3,960,000
SHAREHOLDERS’ EQUITY (DEFICIT)    
Preferred stock, $.00001 par value; 25,000,000 and 150,000,000 shares authorized, respectively; 0 shares issued and outstanding
Common stock, $0.00001 par value; 200,000,000 and 850,000,000 shares authorized, respectively; 7,953,974 and 1,600,835 shares issued and outstanding, respectively 80 16
Additional paid in capital 49,173,836 25,211,017
Accumulated deficit (34,278,741) (28,781,566)
Total Shareholders’ Equity (Deficit) 14,895,175 (3,570,533)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT) $ 21,026,059 $ 5,281,962