General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations and Comprehensive Loss (Unaudited)

v3.22.4
Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]            
REVENUE $ 11,432 $ 5,275 $ 209,484 $ 14,482 $ 265,747 $ 93,664
COST OF GOODS SOLD 4,058 4,143 148,701 7,840 182,519 43,762
GROSS PROFIT 7,374 1,132 60,783 6,642 83,228 49,902
SELLING, GENERAL AND ADMINISTRATIVE            
Research and development 56,684 48,282 224,405 147,324 329,452 210,706
Professional fees 94,014 247,423 538,188 573,309 818,698 268,223
Sales and marketing expenses 165,414 260,832 570,666 498,583 1,041,575 197,372
Share based compensation 2,625,571 3,204,382 3,223,674 311,919
General and administrative expenses 1,083,778 1,177,077 3,628,337 2,292,775 3,326,306 1,831,170
TOTAL SELLING, GENERAL AND ADMINISTRATIVE 4,025,461 1,733,614 8,165,978 3,511,991 8,739,705 2,819,390
LOSS FROM OPERATIONS (4,018,087) (1,732,482) (8,105,195) (3,505,349) (8,656,477) (2,769,488)
OTHER INCOME (EXPENSE):            
Interest expense (703,232) (68,357) (2,589,486) (182,574) (467,849) (29,474)
Amortization of debt discount         (89,787)
Loss on disposal of assets         (4,067)
Other income 347 7,252 1,110
Gain on forgiveness of paycheck protection loan 112,338 112,338
Change in fair market value of derivative liabilities 284,289 1,375,048    
Gain on settlement of derivatives 201,097    
Foreign currency transaction gain (loss) (70) 924 (21)
TOTAL OTHER EXPENSE (418,666) (68,357) (1,005,165) (70,236) (444,209) (33,541)
LOSS BEFORE INCOME TAXES (4,436,753) (1,800,839) (9,110,360) (3,575,585) (9,100,686) (2,803,029)
PROVISION FOR INCOME TAXES
NET LOSS (4,436,753) (1,800,839) (9,110,360) (3,575,585) (9,100,686) (2,803,029)
OTHER COMPREHENSIVE LOSS            
Foreign currency translation adjustment 1,338 16 (3,990)
TOTAL COMPREHENSIVE LOSS $ (4,435,415) $ (1,800,839) $ (9,110,344) $ (3,575,585) $ (9,104,676) $ (2,803,029)
NET LOSS PER COMMON SHARE            
Net loss per common share, basic (in Dollars per share) $ (3.58) $ (5.18) $ (10.68) $ (10.29) $ (25.22) $ (8.88)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING            
Weighted average number of common shares outstanding, basic (in Shares) 1,240,094 347,333 853,133 347,333 360,944 315,529