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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (2,325,650) $ (1,570,851)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock compensation 469,632 88,388
Depreciation 268
Amortization 6,454 1,352
Non-cash lease expense 496 2,774
Gain on sale of short-term investments (36,665) (97,650)
Share of net income from equity method investment (4,492)
Changes in operating assets and liabilities:    
Accounts receivable (418) (9,447)
Accounts receivable - related party (1,933)
Prepaid assets 139,184 31,371
Inventory 11,279 (5,637)
Other assets (54,414)
Accounts payable - related party (260,000)
Accounts payable (72,396) (349,866)
Accrued expenses (136,318) 63,811
Lease liability (4,463) (24,773)
Net cash used in operating activities (2,009,704) (2,130,260)
Cash flows from investing activities:    
Sale of short-term investments 9,169,596 21,155,143
Purchase of short-term investments (6,764,323) (18,694,446)
Purchase of patents (80,120) (61,458)
Purchase of trademarks (46,883)
Net cash provided by investing activities 2,278,270 2,399,239
Cash flows from financing activities:    
Payments on notes payable - officer (200,000)
Net cash used in financing activities (200,000)
Net increase in cash and cash equivalents 268,566 68,979
Cash and cash equivalents - beginning of period 580,230 162,743
Cash and cash equivalents - end of period 848,796 231,722
Non-cash investing and financing activities:    
Unrealized gain on short-term investments $ 405 $ (3,224)