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, 2021
Dec. 31, 2020
Total Revenue $ 1,434,446 $ 1,678,967
Costs and Operating Expenses    
Cost of revenue, excluding depreciation & amortization 1,136,315 1,395,187
Selling expense 39,821 22,590
Compensation - officers and directors 661,171 832,250
Research and development 220,469 256,636
Professional fees 1,030,159 607,010
General and administrative 1,363,098 1,269,207
Total Cost and Operating Expense 4,451,033 4,382,880
Loss from Operations (3,016,587) (2,703,913)
Other Income (Expense):    
Interest income (expense), net (37,608) (4,072)
Interest (expense) - related party 0 (81)
Gain on extinguishment of debt 371,118 0
Change in fair value of warrant liability (1,284,780) 0
Gain on settlement of derivative liability 550,406 0
Other income 196,474 170,953
Total other income (expense) (204,390) 166,800
Loss before income taxes (3,220,977) (2,537,113)
Income tax expense 0 0
Net Loss (3,220,977) (2,537,113)
Other comprehensive items    
Foreign currency translation loss (4) 0
Total comprehensive loss $ (3,220,981) $ (2,537,113)
Weight Average Number of Common Shares Outstanding: Basic and Diluted 41,715,905 40,959,741
Net Loss per common share: Basic and Diluted $ (0.08) $ (0.06)
Revenue [Member]    
Total Revenue $ 1,405,362 $ 1,652,518
Revenue Related Party [Member]    
Total Revenue $ 29,084 $ 26,449