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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Revenues $ 2,181,203 $ 2,183,767
Costs and other expenses    
Costs and other expenses 299,643 1,320,274
Gross profit 1,881,560 863,493
Operating Expenses    
Selling, general and administrative 1,782,973 1,931,732
Research, development and engineering 607,521 690,159
Total Operating Expenses 2,390,494 2,621,891
Operating loss (508,934) (1,758,398)
Other income (expense)    
Interest income 5 4
Loss on foreign currency transactions 0 (15,000)
Change in fair value of convertible note 0 (141,991)
Change in fair value of convertible note 0 141,991
Interest expense (1,356) (56,919)
Total other income (expense), net (1,351) 70,076
Loss before provision for income tax (510,285) (1,688,322)
Provision for (income tax) tax benefit 0 0
Net loss (510,285) (1,688,322)
Comprehensive loss:    
Net loss (510,285) (1,688,322)
Other comprehensive income (loss) – Foreign currency translation adjustment (62,275) 72,146
Comprehensive loss $ (572,560) $ (1,616,176)
Basic and Diluted Loss per Common Share (in dollars per share) $ (0.32) $ (3.51)
Weighted Average Common Shares Outstanding:    
Basic and diluted (in shares) 1,615,323 480,833
Service [Member]    
Revenues    
Revenues $ 213,122 $ 532,522
Costs and other expenses    
Costs and other expenses 138,849 154,801
License [Member]    
Revenues    
Revenues 1,950,434 1,578,556
Costs and other expenses    
Costs and other expenses 148,221 620,881
Hardware [Member]    
Revenues    
Revenues 17,647 72,689
Costs and other expenses    
Costs and other expenses 12,573 44,592
Hardware Reserve [Member]    
Costs and other expenses    
Costs and other expenses $ 0 $ 500,000