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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total revenues $ 206,929 $ 228,640 $ 464,107 $ 416,703
Cost of revenues (184,021) (193,304) (410,061) (285,517)
Gross profit 22,908 35,336 54,046 131,186
Operating expenses:        
Research and development 762,699 2,047,839 1,709,150 3,794,607
General and administrative 890,533 1,382,793 2,125,909 3,924,261
Total operating expenses 1,653,232 3,430,632 3,835,059 7,718,868
Loss from operations (1,630,324) (3,395,296) (3,781,013) (7,587,682)
Other income (expense):        
Foreign currency transaction gain (loss) 3,722 94,900 3,356 (13,393)
Interest expense, net (60,194) (214,908) (163,762) (426,622)
Research and development incentives 6,209 (26,391) 12,657 136,981
Other income 2,354   43,223  
Loss on extinguishment of debt (393,791)   (393,791)  
Change in fair value of convertible debt 460,000   460,000  
Total other expense 18,300 (146,399) (38,317) (303,034)
Net loss before income taxes (1,612,024) (3,541,695) (3,819,330) (7,890,716)
Income tax benefit   1,154,935 1,161,197 1,154,935
Net loss applicable to common stockholders $ (1,612,024) $ (2,386,760) $ (2,658,133) $ (6,735,781)
Basic net loss per share (in Dollars per share) $ (0.22) $ (0.83) $ (0.52) $ (2.35)
Diluted net loss per share (in Dollars per share) $ (0.26) $ (0.83) $ (0.58) $ (2.35)
Basic weighted average common shares outstanding (in Shares) 7,246,664 2,867,496 5,092,763 2,864,440
Diluted weighted average common shares outstanding (in Shares) 7,246,664 2,867,496 5,092,763 2,864,440
Contract revenue        
Total revenues       $ 50,000
Grant revenue        
Total revenues $ 206,929 $ 228,640 $ 464,107 $ 366,703