XML 48 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenue $ 24,570,588 $ 17,072,189 $ 53,069,433 $ 58,332,859
Cost of revenue 2,274,626 6,782,047 7,833,729 24,717,143
Gross profit 22,295,962 10,290,142 45,235,704 33,615,716
Operating expenses        
Marketing costs 17,625,806 8,620,161 36,769,972 26,778,020
Compensation 3,525,943 3,237,414 10,202,200 9,611,011
General and administrative 2,335,295 2,206,119 6,229,069 5,944,027
Total operating expenses 23,487,044 14,063,694 53,201,241 42,333,058
Operating loss (1,191,082) (3,773,552) (7,965,537) (8,717,342)
Financing (expense), net of interest income 19,852 (13,149) (37,454) (11,078)
Other income (expense), net 250 (23,861) 14,668 (401,336)
Net loss (1,170,980) (3,810,562) (7,988,323) (9,129,756)
Other comprehensive income        
Unrealized gain (loss) on marketable securities 0 36,170 84,868 (186,239)
Comprehensive loss $ (1,170,980) $ (3,774,392) $ (7,903,455) $ (9,315,995)
Per common share data: basic and diluted        
Net loss, basic (in usd per share) $ (0.01) $ (0.03) $ (0.06) $ (0.08)
Net loss, diluted (in usd per share) $ (0.01) $ (0.03) $ (0.06) $ (0.08)
Weighted average shares        
Basic (in shares) 127,381,051 119,995,367 128,793,522 118,838,258
Diluted (in shares) 127,381,051 119,995,367 128,793,522 118,838,258