XML 41 R30.htm IDEA: XBRL DOCUMENT

RESTATEMENT (Tables)

9 Months Ended

Sep. 30, 2024

As a result of the restatement matter discussed in our Explanatory Note included in this Form 10-Q, the quarterly financial statements for the periods ended March 31, 2024 and June 30, 2024 are being effectively restated in this current Form 10-Q for the period ended September 30, 2024, as follows:

Impact of the Restatement – March, June, and September 2023 and March and June 2024

Schedule Of Restatement

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Three Months Ended March 31, 2024
Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
Net loss attributable to common stockholders	$	(6,315,587	)	$	(5,310,939	)	$	(11,626,526	)
Net loss per common Share - basic	$	(0.77	)	$	(0.64	)	$	(1.41	)
Total comprehensive loss, net of tax	$	(11,790,179	)	$	5,310,939		$	(6,479,240	)

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Three Months Ended March 31, 2023
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(4,599,499	)	$	(322,897	)	$	(4,922,396	)
Net loss per common share - basic (i)	$	(1.03	)	$	(0.07	)	$	(1.10	)
Total comprehensive loss, net of tax	$	(4,827,792	)	$	322,897		$	(4,504,895	)

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Three Months Ended June 30, 2024
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(2,929,708	)	$	(57,499	)	$	(2,987,207	)
Net loss per common share - basic	$	(0.24	)	$	—		$	(0.24	)
Total comprehensive loss, net of tax	$	(2,976,049	)	$	57,499		$	(2,918,550	)

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Three Months Ended June 30, 2023
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(5,290,583	)	$	(4,709,152	)	$	(9,999,735	)
Net loss per common share - basic (i)	$	(1.10	)	$	(0.98	)	$	(2.08	)
Total comprehensive loss, net of tax	$	(9,926,511	)	$	4,709,152		$	(5,217,359	)

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Six Months Ended June 30, 2024
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(9,245,295	)	$	(5,368,438	)	$	(14,613,733	)
Net loss per common share - basic	$	(0.90	)	$	(0.52	)	$	(1.42	)
Total comprehensive loss, net of tax	$	(14,766,228	)	$	5,368,438		$	(9,397,790	)

Statement of Operations Data (Unaudited)	As Previously Reported			Adjustment			As Restated
	Six Months Ended June 30, 2023
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(9,890,082	)	$	(5,032,050	)	$	(14,922,132	)
Net loss per common share - basic (i)	$	(2.13	)	$	(1.08	)	$	(3.21	)
Total comprehensive loss, net of tax	$	(14,754,304	)	$	5,032,050		$	(9,722,254	)


	Three Months Ended September 30, 2023
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(8,020,128	)	$	(49,122	)	$	(8,069,250	)
Net loss per common share – basic (ii)	$	(70.00	)	$	(2.64	)	$	(72.64	)
Total comprehensive loss, net of tax	$	(8,077,019	)	$	49,122		$	(8,027,897	)


	Nine Months Ended September 30, 2023
Statement of Operations Data (Unaudited)
Net loss attributable to common stockholders	$	(17,910,210	)	$	(5,081,171	)	$	(22,991,381	)
Net loss per common share - basic (ii)	$	(180.00	)	$	(52.29	)	$	(232.29	)
Total comprehensive loss, net of tax	$	(22,831,322	)	$	5,081,171		$	(17,750,151	)

	(i)	Net loss per common share basic as been retrospectively adjusted for the effect of a 1 to 20 reverse stock split that became effective on February 9, 2024.
	(ii)	Adjusted for the effect of a 1 to 50 reverse stock split that became effective on October 14, 2024 (see Note 13) and adjusted for the effect of 1 to 20 reverse stock split that became effective on February 9, 2024.