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Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Patent licensing fees $ 250,000 $ 275,000 $ 452,500 $ 397,000
Cost of revenues        
Litigation and licensing expenses 327,759 147,393 613,236 237,487
Gross (loss) profit (77,759) 127,607 (160,736) 159,513
Operating expenses        
Selling, general and administrative expenses 598,296 476,812 2,026,057 1,561,987
Total operating expenses 598,296 476,812 2,026,057 1,561,987
Loss from operations (676,055) (349,205) (2,186,793) (1,402,474)
Other (expense) income        
Change in fair market value of warrant liability 59,480 565,928 (154,572) 1,432,145
Interest expense (216,711) (113,058) (570,932) (295,705)
Total other (expense) income (157,231) 452,870 (725,504) 1,136,440
Income (loss) before income tax (833,286) 103,665 (2,912,297) (266,034)
Income tax expense (30,000) (12,884)
Net income (loss) $ (833,286) $ 103,665 $ (2,942,297) $ (278,918)
Income (loss) per share basic (in Dollars per share) $ (0.16) $ 0.02 $ (0.55) $ (0.05)
Weighted average shares outstanding - basic (in Shares) 5,331,973 5,333,347 5,331,973 5,333,347