Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.22.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]    
Revenues $ 748,948 $ 1,374,420
Cost of Revenues 832,205 1,453,005
Gross Loss (83,257) (78,585)
Operating Expenses:    
Research and development 1,519,631 607,148
Selling, general, and administrative 1,954,962 1,354,069
Total Operating Expenses 3,474,593 1,961,217
Loss From Operations (3,557,850) (2,039,802)
Other Income:    
Forgiveness of PPP loan and other income 432,357 0
Interest expense (16,260) (3,306)
Net Loss $ (3,141,753) $ (2,043,108)
Net (Loss) Income Per Share:    
Basic $ (0.25) $ (0.18)
Diluted $ (0.25) $ (0.18)
Weighted Average Number of Common Shares Outstanding:    
Basic 12,419,399 11,229,966
Diluted 12,419,399 11,229,966