PROFORMA FINANCIAL STATEMENTS (UNAUDITED)

6 Months Ended

Jun. 30, 2022

Proforma Financial Statements

PROFORMA FINANCIAL STATEMENTS (UNAUDITED)

NOTE 12 – PROFORMA FINANCIAL STATEMENTS (UNAUDITED)

Unaudited Supplemental Pro Forma Data

Unaudited pro forma results of operations for the three and six months ended June 30, 2022 and 2021 as though the company acquired Akida, KES, Visionmark, and SciAir (the “Acquired Companies”) on January 1, 2021 is set forth below.

Business Acquisition, Pro Forma Information
	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Net Sales	$	5,907,646		$	4,244,035		$	9,263,736		$	10,255,681
Net Loss	$	(2,888,655	)	$	(2,309,018	)	$	(4,538,527	)	$	(3,552,238	)
Net Loss attributable to common stockholders:
Dividends to preferred shareholders		(362,250	)		—			(724,500	)		—
Net Loss attributable to common stockholders		(3,250,905	)		2,309,018			(5,263,027	)		(3,552,238	)
Basic and Diluted Loss Per Common Share	$	(0.26	)	$	(0.24	)	$	(0.41	)	$	(0.36	)
Weighted Average Shares Outstanding - basic and diluted		12,665,385			9,726,644			12,799,783			9,747,104