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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (6,315,587) $ (4,599,499)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 18,580 512,529
Depreciation and amortization 281,448 1,001,338
Loss on disposal of fixed assets 13,988
Interest added to convertible note payable 344,991
Interest expense for reduction in convertible note conversion price 3,488,851
Defined benefit plan obligation and other (24,713) (148,764)
Interest paid on debt discount 164,572 168,885
Changes in assets and liabilities:    
Accounts receivable, net 675,975 (684,800)
Inventories, net 278,062 138,756
Prepaid expenses and other assets (181,493) 228,733
Accounts payable (340,839) (383,607)
Accrued expenses and other liabilities 195,473 (547,170)
Contract liabilities (337,401) 56,577
Other 185,000 67,094
Net cash used in operating activities (1,553,093) (4,189,928)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (22,398) (5,337)
Capitalization of platform development costs (139,509)
Capitalization of internal use software costs (20,683) (109,345)
Net cash used in investing activities (43,081) (254,191)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Sale of preferred stock, Series F Convertible 950,000 3,000,000
Repayments on COVID loans (160,514) (44,598)
Conversion of warrants issued with Series F 497,701
Other short-term loan, net of payment 514,000
Issuance costs for sale of preferred stock (159,293)
Net cash provided by financing activities 1,641,894 2,955,402
Effects of foreign exchange rates on cash flows (41,823) (13,212)
Net change in cash 3,897 (1,501,929)
Cash at beginning of period 819,024 4,349,837
Cash at end of period 822,921 2,847,908
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest cash paid 164,572
Income taxes paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Conversion of Preferred Stock, Series F Convertible to Common Stock 2,952 2,305
Dividends on Series F Preferred Stock 61,235 66,921
Deemed dividend on Series F Preferred stock and warrant $ 5,249,704 $ 255,976