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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (4,310,998) $ (3,143,601)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 9,715 8,737
Share-based compensation 57,521 346,548
Straight-line rent expense (2,069) (2,068)
Change in fair value of derivative liabilities (367,277) 451,054
Non-cash interest expense on notes payable and consideration payable 671,578
R&D costs for intangible assets 61,019
Changes in operating assets and liabilities:    
Receivables 8,266 4,507
Prepaid expenses and deposits 283,722 (138,636)
Inventory (490,754) (269,164)
Accounts payable and accrued liabilities 383,119 449,281
Customer deposits 2,890 44,681
Due to related parties 206,833 80,000
Cash flows used in operating activities (3,486,435) (2,168,661)
Investing activities    
Purchase of equipment (9,160) (11,191)
Purchase of intangible assets (162,320)
Cash flows used in investing activities (171,480) (11,191)
Financing activities    
Net proceeds from issuance of common stock and warrants 6,993,059 1,463,586
Net proceeds from issuance of Notes 914,442
Repayment of Notes (1,150,000)
Exercise of stock options 37,500
Cash flows provided by financing activities 6,757,501 1,501,086
Effect of exchange rate changes on cash (767) 720
Increase (decrease) in cash 3,098,819 (678,046)
Cash, beginning of period 3,326,851 1,154,901
Cash, ending of period 6,425,670 476,855
Supplemental cash flow information:    
Cash paid for interest 23,248 4,898
Cash paid for taxes
Non-cash Investing and Financing transactions:    
Common stock issued and issuable on acquisition of intangible asset $ 1,610,778