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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
REVENUE        
Revenue $ 390,278 $ 182,334 $ 689,884 $ 474,010
OPERATING EXPENSES        
Marketing, general and administrative 2,292,082 1,699,809 4,210,578 2,991,422
Operations and research 1,229,634 3,429,165 6,286,169 5,226,602
Total operating expenses 3,521,716 5,128,974 10,496,747 8,218,024
INCOME (LOSS) FROM OPERATIONS (3,131,438) (4,946,640) (9,806,863) (7,744,014)
OTHER INCOME (EXPENSE)        
Net interest expense (3,550,361) (2,629,253) (6,775,921) (5,009,729)
Other 140,361 3,820,199 (49,896) 3,874,583
Total other income (expense) (3,410,000) 1,190,946 (6,825,817) (1,135,146)
(LOSS) BEFORE INCOME TAXES (6,541,438) (3,755,694) (16,632,680) (8,879,160)
Income tax benefit (provision) 0 0 0 0
NET (LOSS) BEFORE NON-CONTROLLING INTEREST (6,541,438) (3,755,694) (16,632,680) (8,879,160)
Non-controlling interest 1,857,953 1,528,195 3,718,966 2,931,443
NET (LOSS) $ (4,683,485) $ (2,227,499) $ (12,913,714) $ (5,947,717)
NET (LOSS) PER SHARE        
Basic (see NOTE B) $ (0.30) $ (0.17) $ (0.86) $ (0.46)
Diluted (see NOTE B) $ (0.30) $ (0.17) $ (0.86) $ (0.46)
Weighted average number of common shares outstanding        
Basic 15,803,746 13,023,330 15,088,662 12,818,266
Diluted 15,803,746 13,023,330 15,088,662 12,818,266
Marine Services [Member]        
REVENUE        
Revenue $ 300,000 $ 182,334 $ 594,975 $ 438,656
Operating And Other [Member]        
REVENUE        
Revenue $ 90,278 $ 0 $ 94,909 $ 35,354