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Condensed Consolidated Statements of Operations - Unaudited - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
REVENUE        
Revenue $ 172,575 $ 390,278 $ 461,314 $ 689,884
OPERATING EXPENSES        
Marketing, general and administrative 1,820,858 2,292,082 3,698,702 4,210,578
Operations and research 1,498,701 1,229,634 3,286,560 6,286,169
Total operating expenses 3,319,559 3,521,716 6,985,262 10,496,747
LOSS FROM OPERATIONS (3,146,984) (3,131,438) (6,523,948) (9,806,863)
OTHER INCOME (EXPENSE)        
Interest Income 23,424 2,178 411,956 2,272
Interest expense (4,333,224) (3,552,539) (8,141,810) (6,778,193)
Gain (loss) on debt extinguishment (301,414) 0 21,177,200 0
Other (283,897) 140,361 (606,148) (49,896)
Total other income (expense) (4,895,111) (3,410,000) 12,841,198 (6,825,817)
INCOME/(LOSS) BEFORE INCOME TAXES (8,042,095) (6,541,438) 6,317,250 (16,632,680)
Income tax benefit (provision) 3,046 0 8,792 0
NET INCOME(LOSS) BEFORE NON-CONTROLLING INTEREST (8,039,049) (6,541,438) 6,326,042 (16,632,680)
Non-controlling interest 2,315,359 1,857,953 4,550,802 3,718,966
NET INCOME (LOSS) $ (5,723,690) $ (4,683,485) $ 10,876,844 $ (12,913,714)
NET INCOME (LOSS) PER SHARE        
Basic (See Note 2) $ (0.29) $ (0.3) $ 0.55 $ (0.86)
Diluted (See Note 2) $ (0.29) $ (0.3) $ 0.54 $ (0.86)
Weighted average number of common shares outstanding        
Basic 19,918,677 15,803,746 19,793,265 15,088,662
Diluted 19,918,677 15,803,746 20,019,461 15,088,662
Marine Services [Member]        
REVENUE        
Revenue $ 166,832 $ 300,000 $ 438,208 $ 594,975
Operating And Other [Member]        
REVENUE        
Revenue $ 5,743 $ 90,278 $ 23,106 $ 94,909