Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenue: $ 3,260,988 $ 4,546,686
Cost of goods sold 11,391,040 13,412,820
Gross margin (8,130,052) (8,866,134)
Operating expenses:    
Sales and marketing 7,405,705 5,694,556
Product development 7,868,985 8,456,157
General and administrative expenses 6,388,007 9,046,778
Total operating expenses 21,662,697 23,197,491
Loss from operations (29,792,749) (32,063,625)
Other income (expense) (40,555) 87,765
Interest expense (4,969,590) (2,259,545)
Loss from extinguishment (22,296,988) 0
Issuance costs (1,444,547) 0
Gain on derivative liabilities and warrant liabilities 13,473,218 0
Total other expense (15,278,462) (2,171,780)
Loss before provision for income taxes (45,071,211) (34,235,405)
Provision for income taxes 0 0
Net loss $ (45,071,211) $ (34,235,405)
Net loss per common share – basic $ (234.37) $ (325.20)
Net loss per common share – diluted $ (234.37) $ (325.20)
Weighted average common shares outstanding – basic 192,312 105,275
Weighted average common shares outstanding – diluted 192,312 105,275