Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES:        
Total Revenues $ 1,740,457 $ 1,281,949 $ 4,543,879 $ 4,255,036
COST OF REVENUES:        
Total Cost of Revenues 2,804,773 1,529,052 7,721,155 4,970,164
GROSS MARGIN (1,064,316) (247,103) (3,177,276) (715,128)
OPERATING EXPENSES:        
Sales & marketing 361,820 173,197 1,024,872 435,522
Research & development 57,000 21,583 197,164 77,179
Administration 963,357 2,264,960 2,817,949 4,993,985
Total Operating Expenses 1,382,177 2,459,740 4,039,985 5,506,686
LOSS FROM OPERATIONS (2,446,493) (2,706,843) (7,217,261) (6,221,814)
OTHER INCOME (EXPENSES):        
Interest expense (4,819) (6,260) (16,580) (133,435)
Other income, net 875 4,524 1,424,501 33,732
Total Other Income (Expenses) (3,944) (1,736) 1,407,921 (99,703)
NET LOSS $ (2,450,437) $ (2,708,579) $ (5,809,340) $ (6,321,517)
Basic & Diluted Net Loss Per Share $ (0.68) $ (0.77) $ (1.63) $ (1.95)
Weighted Average Shares-Basic & Diluted 3,588,381 3,528,128 3,559,340 3,247,954
Product [Member]        
REVENUES:        
Total Revenues $ 1,153,150 $ 729,231 $ 2,743,849 $ 2,840,538
COST OF REVENUES:        
Total Cost of Revenues 1,869,812 976,121 4,979,667 3,390,211
Service, Other [Member]        
REVENUES:        
Total Revenues 587,307 552,718 1,800,030 1,414,498
COST OF REVENUES:        
Total Cost of Revenues 277,054 319,334 986,757 827,532
Overhead [Member]        
COST OF REVENUES:        
Total Cost of Revenues $ 657,907 $ 233,597 $ 1,754,731 $ 752,421