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Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Significant Accounting Policies  
Schedule of disaggregation of revenue

 

 

Three Months

Ended

September 30,

2021

 

 

Three Months

Ended

September 30,

2020

 

 

Nine Months

Ended

September 30,

2021

 

 

Nine Months

Ended

September 30,

2020

 

Machine sales

 

$1,280,139

 

 

$685,635

 

 

$4,465,754

 

 

$1,802,305

 

Non-machine sales

 

 

699,253

 

 

 

49,969

 

 

 

914,861

 

 

 

200,002

 

Total sales

 

$1,949,392

 

 

$735,604

 

 

$5,380,615

 

 

$2,022,307

 

Summary of effect of potential dilutive issuances

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$(115,429)

 

 

(2,165,693)

 

$179,828

 

 

$(5,395,866)

Preferred stock dividends

 

 

-

 

 

 

-

 

 

 

4,315

 

 

 

-

 

Derivative (gain) loss

 

 

-

 

 

 

-

 

 

 

(1,171,242)

 

 

-

 

Interest expense associated with convertible debt

 

 

-

 

 

 

-

 

 

 

715,401

 

 

 

-

 

Net income (loss) for dilutive calculation

 

$(115,429)

 

 

(2,165,693)

 

$(271,698)

 

$(5,395,866)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

73,645,455

 

 

 

62,803,497

 

 

 

71,490,810

 

 

 

62,531,289

 

Dilutive effect of preferred stock

 

 

-

 

 

 

-

 

 

 

1,400,000

 

 

 

-

 

Dilutive effect of convertible debt

 

 

-

 

 

 

-

 

 

 

3,969,136

 

 

 

-

 

Dilutive effect of common stock warrants

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Weighted average shares outstanding for diluted net income (loss) per share

 

 

73,645,455

 

 

 

62,803,497

 

 

 

76,859,946

 

 

 

62,531,289