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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue $ 487,430 $ 242,710 $ 2,177,188 $ 3,795,065
Cost of goods sold (3,542,468) (2,012,829) (5,107,096) (11,549,871)
Gross margin (3,055,038) (1,770,119) (2,929,908) (7,754,806)
Operating expenses:        
Sales and marketing 1,870,532 1,282,014 6,040,519 3,942,827
Product development 2,983,197 2,177,347 5,936,280 6,775,768
General and administrative expenses 1,544,344 2,085,211 5,003,135 7,409,601
Total operating expenses 6,398,073 5,544,572 16,979,934 18,128,196
Loss from operations (9,453,111) (7,314,691) (19,909,842) (25,883,002)
Other income (expense) (54,702) 33,814 (38,199) 72,800
Loss on extinguishment of Convertible Notes 0 0 (22,296,988) 0
Gain (loss) on change in fair value of financial liabilities (684,994) 0 5,107,794 0
Interest expense (1,135,089) (618,307) (4,518,324) (627,789)
Total other expense (1,874,785) (584,493) (21,745,717) (554,989)
Loss before provision for income taxes (11,327,896) (7,899,184) (41,655,559) (26,437,991)
Provision for income taxes 0 0 0 0
Net loss $ (11,327,896) $ (7,899,184) $ (41,655,559) $ (26,437,991)
Net loss per common share – basic $ (1.84) $ (1.62) $ (7.57) $ (5.64)
Net loss per common share – diluted $ (1.84) $ (1.62) $ (7.57) $ (5.64)
Weighted average common shares outstanding – basic 6,162,589 4,869,044 5,502,512 4,690,805
Weighted average common shares outstanding – diluted 6,162,589 4,869,044 5,502,512 4,690,805

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