v3.21.2
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 460,216 $ 649,892 $ 1,286,841 $ 1,686,168
Cost of Sales (138,786) (161,252) (553,454) (608,079)
Gross Profit 321,430 488,640 733,387 1,078,089
Operating Expenses        
Salaries and related costs 534,752 606,294 1,782,646 2,425,094
Share based compensation 162,359 1,024,359 643
Loss on disposal of property and equipment 92,804
Other general and administrative 789,365 542,317 2,229,120 2,806,707
Research and development 3,285 201,658 3,285 1,151,658
Advertising 58,643 51,643 223,871 222,196
Depreciation and amortization 300 30,095 13,859 69,447
Total Operating Expenses 1,548,704 1,432,007 5,369,944 6,675,745
Operating Loss (1,227,274) (943,367) (4,636,557) (5,597,656)
Other Income (Expense)        
Forgiveness of PPP loan 698,820 698,820
Gain on extinguishment of debt 1,300,088
Interest expense (50,516) (1,039,349) (110,446) (1,458,521)
Other income (expense) (7,641) (34,504) (4,107) (25,182)
Change in fair value of redemption put liability 97,997 272,705
Loss on derivative instrument (2,306,121)
Warrant modification expense (70,851)
Change in fair value of derivative liability - warrants 5,869,102 2,986,853
Total Other Income (Expense) 640,663 4,893,246 584,267 698,971
Net Income (Loss) (586,611) 3,949,879 (4,052,290) (4,898,685)
Accrued dividends on outstanding Series B Convertible Preferred Stock 7,856 44,456
Deemed dividend on Series D Convertible Preferred Stock 36,450 277,719
Net Income (Loss) attributable to common stockholders $ (586,611) $ 3,905,573 $ (4,052,290) $ (5,220,860)
Net Income (Loss) per share        
Basic $ (0.00) $ 0.03 $ (0.03) $ (0.05)
Diluted $ (0.00) $ 0.01 $ (0.03) $ (0.05)
Weighted average outstanding shares - basic 142,407,798 116,970,322 140,074,271 106,691,185
Weighted average outstanding shares - diluted 142,407,798 664,244,972 140,074,271 106,691,185

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