XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]            
LICENSE FEE REVENUES: $ 18,025 $ 18,026 $ 36,051 $ 35,213 $ 71,264
COST OF REVENUES 1,459 1,460 2,919 2,085 5,004
GROSS PROFIT 16,566 16,566 33,132 33,128 66,260
OPERATING EXPENSES:            
Compensation expense 100,212 54,942 227,393 167,234 395,123 755,993
Professional fees 248,179 270,906 444,427 942,475 1,598,367 1,173,717
Research and development 105,676 98,846 275,955 147,448 693,910 26,250
Insurance expense 30,866 29,015 64,158 50,721 108,750 30,191
Bad debt (recovery) expense, net (46,000) (20,000) (53,500) (148,500) 165,376
Selling, general and administrative expenses 25,918 45,706 62,743 116,735 162,953 50,192
Total operating expenses 510,851 453,415 1,054,676 1,371,113 2,810,603 2,201,719
OPERATING LOSS FROM CONTINUING OPERATIONS (494,285) (436,849) (1,021,544) (1,337,985) (2,744,343) (2,201,719)
OTHER INCOME (EXPENSE):            
Interest income (expense), net 377 (1,040) 792 (2,389) 1,210 11,543
Other income from equity shares earned for lock up agreement 85,733    
Other income         3,000
Gain on forgiveness of PPP note payable 19,082 19,082 19,082
Interest expense         (3,036) (269,043)
Interest expense - related party         (224)
Foreign exchange loss         (2,950)
Loss on debt extinguishment         (197,682)
Net realized gain (loss) on equity investments (104,700) (104,700) 6,660,483
Net unrealized gain (loss) on equity investments (59,511) 30,000 (221,309) 68,750 248,588 (9,194)
Other expense (283) (283)    
Total other income (expense) (164,117) 48,042 (239,767) 85,443 6,926,327 (464,550)
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES (658,402) (388,807) (1,261,311) (1,252,542) 4,181,984 (2,666,269)
Provision for income taxes (24,876)
INCOME (LOSS) FROM CONTINUING OPERATIONS (658,402) (388,807) (1,261,311) (1,252,542) 4,157,108 (2,666,269)
DISCONTINUED OPERATIONS:            
Gain from sale of assets of discontinued operations, net of tax         1,553
Loss from discontinued operations, net of tax (73,183) (1,163) (140,150) (254,920) (371,248)
LOSS FROM DISCONTINUED OPERATIONS (73,183) (1,163) (140,150) (253,367) (371,248)
NET INCOME (LOSS) (658,402) (461,990) (1,262,474) (1,392,692) 3,903,741 (3,037,517)
Deemed dividend (1,403,997) (1,403,997) (69,000)
NET INCOME (LOSS) AVAILABLE TO COMMON STOCKHOLDERS $ (658,402) $ (461,990) $ (1,262,474) $ (2,796,689) $ 2,499,744 $ (3,106,517)
NET INCOME (LOSS) PER COMMON SHARE AVAILABLE TO COMMON STOCKHOLDERS:            
Continuing operations - basic (in Dollars per share) $ (0.33) $ (0.2) $ (0.64) $ (1.46) $ 1.45 $ (2.07)
Discontinued operations - basic (in Dollars per share) $ (0.04) $ 0 $ (0.08) $ (0.13) $ (0.28)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:            
Basic (in Shares) 1,987,906 1,937,148 1,980,365 1,820,641 1,897,315 1,319,094