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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Condensed Consolidated Statements of Operations (Unaudited)        
Revenue (including related party revenue of $0, $0, $0 and $970, respectively) $ 7,112,450 $ 4,380,894 $ 13,981,103 $ 7,545,439
Cost of revenue (including related party costs of $0, $212,279, $0 and $417,540, respectively) 4,183,478 2,946,084 8,361,549 5,200,994
Gross profit 2,928,972 1,434,810 5,619,554 2,344,445
Operating expenses:        
Sales and marketing 158,040 75,006 276,796 132,549
Product development (including related party expense of $0, $54,696, $16,771 and $112,684, respectively) 89,473 75,004 682,859 145,664
Amortization of intangibles 917,239 675,095 1,925,712 834,268
General and administrative (including share-based compensation expense of $749,222, $1,112,834, $2,484,239 and $1,615,241, respectively, and related party expenses of $0, $106,149, $19,825 and $232,781, respectively) 4,097,397 3,062,597 9,193,101 5,608,502
Total operating expenses 5,262,149 3,887,702 12,078,468 6,720,983
Loss from operations (2,333,177) (2,452,892) (6,458,914) (4,376,538)
Other income (expenses):        
Interest expense (including related party interest expense of $0, $18,193, $0 and $30,466, respectively) (64,491) (1,592,822) (131,906) (3,020,410)
Initial derivative expense 0 0 0 (3,585,983)
Other income 3,713 0 14,527 0
Change in fair value of derivative liability 0 7,574,750 0 8,203,371
Gain on debt extinguishment 1,205,195 0 1,205,195 24,925
Grant income 0 0 0 3,382
Net recognized gain (loss) on marketable securities 0 (757) 0 (534)
Total other income (expenses) 1,144,417 5,981,171 1,087,816 1,624,751
(Loss) income before income taxes (1,188,760) 3,528,279 (5,371,098) (2,751,787)
Provision for income taxes 0 0 0 0
Net (Loss) income $ (1,188,760) $ 3,528,279 $ (5,371,098) $ (2,751,787)
Net (loss) income per common share - basic $ (0.08) $ 0.99 $ (0.36) $ (0.89)
Net (loss) income per common share - diluted $ (0.08) $ 0.69 $ (0.36) $ (0.89)
Weighted average common shares - basic 14,830,738 3,560,745 14,795,691 3,091,146
Weighted average common shares - diluted 14,830,738 5,879,481 14,795,691 3,091,146