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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
REVENUES $ 144,148 $ 167,688 $ 602,288 $ 389,418
COST OF REVENUE 116,397 57,684 244,728 302,387
GROSS PROFIT (LOSS) 27,751 110,004 357,560 87,031
OPERATING EXPENSES:        
Salaries & Benefits 985,348 605,295 1,832,520 1,257,492
Stock-Based Compensation 116,441 270,818 233,919 424,989
Operating R&D Costs 280,700 111,647 477,040 165,335
Investor & Public Relations 114,762 97,702 223,103 287,009
Organization Costs 158,529 80,096 236,145 155,675
Legal & Professional Service Fees 244,019 212,496 420,866 397,386
Office Expenses 151,871 78,843 300,096 226,590
Depreciation & Amortization 25,783 17,970 48,814 35,983
Other Operating Expenses 91,198 51,687 177,554 135,736
Total Operating Expenses 2,168,651 1,526,554 3,950,057 3,086,195
LOSS FROM OPERATIONS (2,140,900) (1,416,550) (3,592,497) (2,999,164)
OTHER INCOME (EXPENSE)        
Interest Income 7,018 31 7,073 882
State Incentives 151,657 151,657
Exchange Rate Gain (Loss) 208 (31) 158 (1,422)
Interest Expense (2,029) (6,244) (3,382) (6,675)
Loss on Dissolution of Joint Venture (201) (201)
Other Income 290,156 361,700 1,092,441 361,700
Total Other Income (Expense) 295,353 506,912 1,096,290 505,941
LOSS BEFORE PROVISION FOR INCOME TAXES (1,845,547) (909,638) (2,496,207) (2,493,223)
Provision for income Taxes
Net Loss (1,845,547) (909,638) (2,496,207) (2,493,223)
Preferred Dividends (14,220) (691,880) (75,127) (1,007,127)
Net Loss Applicable to Common Stockholders $ (1,859,767) $ (1,601,518) $ (2,571,334) $ (3,500,350)
Net Loss per Common Share – Basic and Diluted $ (0.18) $ (0.49) $ (0.28) $ (1.48)
Weighted Average Number of Shares Outstanding – Basic and Diluted 10,493,598 3,256,098 9,149,328 2,359,862