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, 2022
Dec. 31, 2021
Total Revenue $ 353,619 $ 1,434,446
Cost of revenue 330,899 1,137,287
Gross Profit 22,720 297,159
Operating Expenses    
Selling expense 142,372 39,821
Compensation - officers and directors 1,055,133 661,171
Research and development 1,060,385 220,469
Professional fees 896,385 1,030,159
General and administrative 2,074,091 1,362,126
Total Cost and Operating Expense 5,228,366 3,313,746
Loss from Operations (5,205,646) (3,016,587)
Other Income (Expense):    
Interest income (expense), net 3,887 (37,608)
Forgiveness of debt 158,547 371,118
Change in fair value of warrant liability 0 (1,284,780)
Gain on settlement of derivative liability 0 550,406
Unrealized loss on marketable equity securities (42,395) 0
Realized loss on marketable equity securities (21,205) 0
Rental income 166,288 186,212
Other income 13,587 10,262
Total other income (expense) 278,709 (204,390)
Loss before income taxes (4,926,937) (3,220,977)
Income tax expense 0 0
Net Loss (4,926,937) (3,220,977)
Other comprehensive items    
Foreign currency translation loss (6,539) (4)
Total comprehensive loss (4,933,476) (3,220,981)
Revenue [Member]    
Total Revenue 303,837 1,405,362
Revenue Related Party [Member]    
Total Revenue $ 49,782 $ 29,084