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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Loss $ (4,689,967) $ (3,164,608)
Adjustments to reconcile net loss to net cash provided by operations:    
Depreciation and amortization expense 67,573 46,050
Stock-based compensation 610,741 204,217
Change in foreign currency translation (328) 0
Warrant issued for product development agreement 0 1,399,833
Changes in operating assets and liabilities    
Unbilled accounts receivable (918,164) 32,330
Inventory (1,660,710) 0
Prepaid expense and other assets 65,011 (238,450)
Accounts payable and accrued expenses 1,386,601 (142,512)
Unearned revenue 200,109 0
Other liabilities (9,862) 22,190
Net cash (used in) provided by operating activities (4,948,996) (1,840,950)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, plant, and equipment (144,567) (1,190)
Purchases of marketable securities (1,963,432) 0
Proceeds from reverse acquisition 0 113,760
Increase in intangible assets (52,292) 0
Recapitalization of the Company 0 (84,225)
Net cash used in investing activities (2,160,291) 28,345
CASH FLOWS FROM FINANCING ACTIVITIES    
Advances from Stockholders 0 (15,108)
Proceeds from Series D Preferred Shares 0 6,601,745
Proceeds from Common Stock Offering 0 5,000,000
Proceeds from exercise of Options 25,049 42,845
Proceeds from exercise of Warrants 0 1,242,499
Net cash provided by financing activities 25,049 12,871,981
NET (DECREASE) INCREASE IN CASH (7,084,238) 11,059,376
CASH - Beginning of year 11,131,175 71,799
CASH - End of year 4,046,937 11,131,175
SUPPLEMENTAL CASH FLOW DISCLOSURES:    
Cash paid for interest 0 0
Cash paid for taxes 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Change in unrealized loss on marketable securities 18,968 0
Issuance of common stock for license rights 0 1,073,529
Accounts payable settled with Series D Preferred Stock 0 50,000
Net Liabilities Assumed in Reverse Acquisition:    
Cash 0 29,536
Prepaid expense 0 14,483
Accounts receivable 0 1,000
Accounts payable 0 (46,150)
Accrued expenses 0 (83,094)
Net liability assumed $ 0 $ (84,225)