XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Total revenues, net $ 190,289 $ 527,415
Operating Expenses:    
General and administrative 7,882,194 14,676,938
Research and development 2,800,373 6,269,175
Depreciation and amortization 255,858 749,900
Impairment losses 1,101,867
Total operating expenses 10,938,425 22,797,880
Loss from continuing operations (10,748,136) (22,270,465)
Other (Expense) Income    
Interest expense, net (1,108,458) (1,359,954)
Other income (expense), net 98,230 (37,221)
Conversion expense (7,476,000)
Loss on extinguishment of debt (380,741)
Other (expense) income, net (8,866,969) (1,397,175)
Loss from continuing operations before income taxes (19,615,105) (23,667,640)
Income tax expense (2,864) (7,670)
Loss from continuing operations (19,617,969) (23,675,310)
Gain (loss) from discontinued operations 1,524 (366,663)
Gain (loss) on sale of discontinued operations 216,069 (188,247)
Total gain (loss) from discontinued operations 217,593 (554,910)
Net loss $ (19,400,376) $ (24,230,220)
Net Loss Per Share - Basic and Diluted    
Continuing operations, Basic (in Dollars per share) $ (3.19) $ (7.72)
Discontinued operations, Basic (in Dollars per share) $ 0.04 $ (0.18)
Weighted Average Shares Outstanding - Basic (in Shares) 6,153,881 3,065,365
Verified software license    
Revenues:    
Total revenues, net $ 186,171 $ 156,646
Legacy authentication services    
Revenues:    
Total revenues, net $ 4,118 $ 370,769