Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Service $ 2,964,610 $ 1,844,422 $ 7,996,734 $ 2,799,113
Service - related party 17,000 129,222 210,400 446,600
Total revenue 2,981,610 1,973,644 8,207,134 3,245,713
Costs and expenses:        
Cost of revenue (exclusive of items shown separately below) 3,781,224 1,446,979 8,220,447 3,609,236
Depreciation and amortization 141,901 88,531 370,306 263,032
Research and development 242,996 741,558 2,094,278 2,411,100
General and administrative 4,861,319 770,066 8,778,498 2,066,941
Total costs and expenses 9,027,440 3,047,134 19,463,529 8,350,309
Operating loss (6,045,830) (1,073,490) (11,256,395) (5,104,596)
Other (income) expense:        
Other income, net (234,597) 1,140 (239,838) (1,573,748)
Change in fair value, net of warrant liabilities 5,963,238 5,963,238
Interest expense, net 1,402,026 223,492 3,057,660 361,867
Total other (income) expense, net 7,130,667 224,632 8,781,060 (1,211,881)
Net loss $ (13,176,497) $ (1,298,122) $ (20,037,455) $ (3,892,715)
Basic and diluted earnings (loss) per share (in Dollars per share) $ (1.1) $ (0.13) $ (2.09) $ (0.4)
Basic and diluted weighted average shares outstanding (in Shares) 16,535,661 9,637,962 11,983,183 9,637,962