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Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Condensed Balance Sheets    
Cash and cash equivalents $ 1,360,970 $ 1,853,362
Accounts receivable (including amounts of related party of nil and $177,595 as of June 30, 2023 and December 31,2022, respectively) 9,385 201,546
Inventory, net 528,114 595,222
Other current assets 241,230 195,787
Total current assets 2,139,699 2,845,917
Intangible assets, net 30,564,203 32,806,738
Property and equipment, net 1,269,331 1,375,676
Other assets 73,169 80,683
Total assets 34,046,402 37,109,014
Convertible notes payable, related party 0 376,526
Other notes payable, related party 684,000 884,000
Accrued expenses and others current liabilities 429,503 1,212,386
Total current liabilities 1,113,503 2,472,912
Convertible notes payable (including amounts of related party of $1,500,000 and nil as of June 30, 2023 and December 31, 2022, respectively) 2,500,000 0
Other long-term liabilities 37,562 8,096
Total liabilities 3,651,065 2,481,008
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued    
Common stock, $0.01 par value; 300,000,000 shares authorized as of June 30, 2023 and December 31, 2022, 20,292,624 and 20,011,602 shares issued and outstanding as of June 30, 2023 and December 31, 2022, respectively 202,926 200,116
Additional paid-in capital 59,423,678 58,745,149
Accumulated deficit (28,985,808) (24,115,606)
Translation adjustment (245,459) (201,653)
Total stockholders' equity 30,395,337 34,628,006
Total liabilities and stockholders' equity $ 34,046,402 $ 37,109,014