v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
REVENUES:        
Total Revenues $ 4,022,238 $ 1,740,457 $ 9,078,696 $ 4,543,879
COST OF REVENUES:        
Total Cost of Revenues 2,922,686 1,668,796 6,474,464 4,239,006
GROSS MARGIN 1,099,552 71,661 2,604,232 304,873
OPERATING EXPENSES:        
Sales and marketing 297,057 361,820 956,937 1,024,872
Research and development 329,424 332,469 1,296,480 1,163,341
General and Administration 2,342,089 1,823,865 6,255,926 5,333,921
Total Operating Expenses 2,968,570 2,518,154 8,509,343 7,522,134
LOSS FROM OPERATIONS (1,869,018) (2,446,493) (5,905,111) (7,217,261)
OTHER INCOME (EXPENSES):        
Interest expense (2,057) (4,819) (7,943) (16,580)
Other income, net (53,993) 875 698 1,424,501
Total Other Income (Expenses) (56,050) (3,944) (7,245) 1,407,921
NET LOSS $ (1,925,068) $ (2,450,437) $ (5,912,356) $ (5,809,340)
Net Loss Per Share        
Basic $ (0.30) $ (0.68) $ (1.01) $ (1.63)
Diluted $ (0.30) $ (0.68) $ (1.01) $ (1.63)
Weighted Average Shares        
Basic 6,450,180 3,588,381 5,859,375 3,559,340
Diluted 6,450,180 3,588,381 5,859,375 3,559,340
Product [Member]        
REVENUES:        
Total Revenues $ 2,709,899 $ 1,153,150 $ 6,273,213 $ 2,743,849
COST OF REVENUES:        
Total Cost of Revenues 2,176,761 1,363,127 5,016,551 3,162,866
Service, Other [Member]        
REVENUES:        
Total Revenues 1,312,339 587,307 2,805,483 1,800,030
COST OF REVENUES:        
Total Cost of Revenues $ 745,925 $ 305,669 $ 1,457,913 $ 1,076,140

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