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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue $ 18,001,652 $ 15,982,438
Cost of Goods Sold 15,226,176 15,415,294
Gross Profit 2,775,476 567,144
Operating Expenses:    
Selling expenses 4,298,905 3,669,887
General and administrative expenses 4,856,779 5,701,955
Research and development expenses 1,418,842 1,835,890
Restructuring costs 0 1,893,166
Total Operating Expenses 10,574,526 13,100,898
Loss from Operations (7,799,050) (12,533,754)
Other Income (Expense)    
Interest and other income 366,365 384,058
Interest expense (151,670) (419,942)
Amortization of discount on convertible note (400,903) (2,389,128)
Gain (loss) on currency transactions (359,960) 404,162
Gain on lease termination 0 147,452
Gain (loss) on disposal of assets held for sale (439,388) 0
Gain on sale of property and equipment 7,254 635
Total Other Expense (978,302) (1,872,763)
Loss Before Income Taxes (8,777,352) (14,406,517)
Income Tax Benefit (206,207) (237,410)
Net Loss $ (8,571,145) $ (14,169,107)
Basic and Diluted Loss Per Share (in dollars per share) $ (1.51) $ (3.2)
Basic and Diluted Weighted Average Common Shares Outstanding (in shares) 5,688,281 4,424,433