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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Consolidated Statements of Operations (Unaudited)        
Revenue $ 2,041,129 $ 7,112,450 $ 5,333,868 $ 13,981,103
Cost of revenue 1,604,161 4,183,478 4,159,586 8,361,549
Gross Profit 436,968 2,928,972 1,174,282 5,619,554
Operating expenses:        
Sales and marketing 79,453 158,040 236,036 276,796
Product development (including related party expense of $17,855, $0, 27,041, $16,771, and respectively) 84,282 89,473 326,562 682,859
Amortization of intangibles 325,702 917,239 633,428 1,925,712
General and administrative (including share-based compensation expense of $219,560, $669,047, $762,509 and $2,404,064, respectively, and related party expenses of $0, $0, $0 and $19,825, respectively) 886,579 4,097,397 3,720,704 9,193,101
Total operating expenses 1,376,016 5,262,149 4,916,730 12,078,468
Loss from Operations (939,048) (2,333,177) (3,742,448) (6,458,914)
Other income (expenses):        
Interest expense (647,213) (64,491) (1,161,369) (131,906)
Other income 754,312 3,713 756,099 14,527
Finance cost (327,073) 0 (327,073) 0
Gain on settlement of payables 178,749 0 178,749 0
Gain on debt extinguishment 0 1,205,195 0 1,205,195
Total other income (expenses) (41,255) 1,144,417 (533,594) 1,087,816
Loss before income taxes (980,273) (1,188,760) (4,296,042) (5,371,098)
Provision for income taxes 0 0 0 0
Net Loss (980,273) (1,188,760) (4,296,042) (5,371,098)
Deemed dividends 0 0 (503,643) 0
Net loss attributable to common shareholders $ (980,273) $ (1,188,760) $ (4,799,685) $ (5,371,098)
Net loss per common share - basic and diluted $ (0.06) $ (0.08) $ (0.28) $ (0.36)
Weighted average common shares - basic and diluted 17,389,182 14,830,738 17,056,900 14,795,691