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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUE        
Revenue $ 358,409 $ 197,051 $ 1,048,293 $ 671,061
OPERATING EXPENSES        
Marketing, general and administrative 2,213,515 1,735,909 6,424,093 4,727,331
Operations and research 1,864,883 1,632,336 8,151,052 6,858,938
Total operating expenses 4,078,398 3,368,245 14,575,145 11,586,269
INCOME (LOSS) FROM OPERATIONS (3,719,989) (3,171,194) (13,526,852) (10,915,208)
OTHER INCOME (EXPENSE)        
Net interest expense (3,664,733) (2,866,959) (10,440,654) (7,876,688)
Gain (loss) on debt extinguishment   374,835   374,835
Other (4,835) (22,142) (54,731) 3,852,441
Total other income (expense) (3,669,568) (2,514,266) (10,495,385) (3,649,412)
(LOSS) BEFORE INCOME TAXES (7,389,557) (5,685,460) (24,022,237) (14,564,620)
Income tax benefit (provision) 0 0 0 0
NET (LOSS) BEFORE NON-CONTROLLING INTEREST (7,389,557) (5,685,460) (24,022,237) (14,564,620)
Non-controlling interest 1,934,328 1,600,163 5,653,294 4,531,606
NET (LOSS) $ (5,455,229) $ (4,085,297) $ (18,368,943) $ (10,033,014)
NET (LOSS) PER SHARE        
Basic (see NOTE B) $ (0.28) $ (0.31) $ (1.11) $ (0.77)
Diluted (see NOTE B) $ (0.28) $ (0.31) $ (1.11) $ (0.77)
Weighted average number of common shares outstanding        
Basic 19,482,118 13,273,241 16,569,240 12,971,591
Diluted 19,482,118 13,273,241 16,569,240 12,971,591
Marine Services [Member]        
REVENUE        
Revenue $ 298,083 $ 197,051 $ 893,058 $ 635,707
Operating And Other [Member]        
REVENUE        
Revenue $ 60,326 $ 0 $ 155,235 $ 35,354