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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss before non-controlling interest $ 14,365,091 $ (10,091,242)  
Adjustments to reconcile net loss to net cash (used) in operating activities:      
Investment in unconsolidated entity (271,375) (294,975)  
Depreciation and amortization 143,647 2,373  
Financing fees amortization 41,372 36,724  
Amortization of loan prepayment premium 0 200,000  
Note payable interest accretion 315,363 68,140  
Note payable interest accretion (288,991) 0  
Right of use asset amortization 57,322 38,773  
Share-based compensation 122,339 312,646  
(Gain) loss on debt extinguishment (21,478,614) 0  
Payment of operating lease liability (59,278) (38,729)  
(Increase) decrease in:      
Accounts receivable 7,498 6,739  
Accrued interest receivable (168,036)   $ 0
Deferred income (6,848) 0  
Other assets (117,428) 23,135  
Increase (decrease) in:      
Accounts payable (657,416) 4,633,450  
Accrued expenses and other 4,507,406 3,378,543  
NET CASH USED IN OPERATING ACTIVITIES (3,487,948) (1,724,423)  
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (5,326) (2,878)  
NET CASH USED IN INVESTING ACTIVITIES (5,326) (2,878)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of loans payable 13,515,100 2,200,000  
Waiver fee paid (1,000,000) 0  
Offering Cost Paid on Financing (98,504) 0  
Payment of debt obligation (9,692,315) (186,777)  
Repurchase of stock-based awards withheld for payment of withholding tax requirements 0 (454,360)  
NET CASH PROVIDED BY FINANCING ACTIVITIES 2,724,281 1,558,863  
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (768,993) (168,438)  
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 1,443,421 2,274,751 2,274,751
CASH AND CASH EQUIVALENTS AT END OF PERIOD 674,428 2,106,313 $ 1,443,421
SUPPLEMENTARY INFORMATION:      
Interest paid 0 0  
Income taxes paid 72,359 0  
NON-CASH INVESTING AND FINANCING TRANSACTIONS:      
Director compensation settled with equity $ 187,245 276,012  
Conversion of debt to common stock 1,000,000    
Gain on debt forgiveness   0  
Offering cost paid on sale of common stock   0  
Warrants Issued $ 3,416,594 $ 0