General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations (Unaudited)

v3.22.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Sep. 30, 2021
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Dec. 31, 2020
Operating loss $ (6,045,830)   $ (1,073,490)         $ (11,256,395) $ (5,104,596) $ (6,519,918) $ (8,737,057)
Other expense (income)                      
Other income, net (234,597)   1,140         (239,838) (1,573,748) (1,601,568) (1,609,962)
Loss on extinguishment of debt                   9,484,113
Interest expense, net 1,402,026   223,492         3,057,660 361,867 725,166 66,943
Total other (income) expense, net 37,840   224,632         1,688,233 (1,211,881) 8,607,711 (1,543,019)
Change in fair value of warrant liabilities (1,129,589)           (1,129,589)    
Net income (loss) $ (6,083,670) $ (3,356,956) $ (1,298,122) $ (1,074,911)       $ (12,944,628) $ (3,892,715) $ (15,127,629) $ (7,194,038)
Basic and diluted weighted average shares outstanding (in Shares)                   678,406 678,400
Diluted weighted average shares outstanding (in Shares) 16,535,661   9,637,962         11,983,183 9,637,962 678,406 678,400
Service $ 2,964,610   $ 1,844,422         $ 7,996,734 $ 2,799,113 $ 7,854,068 $ 3,184,629
Product                   242,637
Service – related party 17,000   129,222         210,400 446,600 332,767 619,883
Product – related party                   162,068 189,928
Cost of revenue (exclusive of items shown separately below) 3,781,224   1,446,979         8,220,447 3,609,236 6,850,248 4,059,991
Depreciation and amortization 141,901   88,531         370,306 263,032 365,097 400,432
Research and development 242,996   741,558         2,094,278 2,411,100 3,533,713 4,951,619
General and administrative $ 4,861,319   $ 770,066         $ 8,778,498 $ 2,066,941 $ 4,362,400 $ 3,319,455
Basic net income (loss) per share of common stock (in Dollars per share)                   $ (22.3) $ (10.6)
Diluted earnings (loss) per share (in Dollars per share) $ (0.67)   $ (0.13)         $ (1.49) $ (0.4) $ (22.3) $ (10.6)
Revenue                      
Total revenue $ 2,981,610   $ 1,973,644         $ 8,207,134 $ 3,245,713 $ 8,591,540 $ 3,994,440
Costs and Expenses                      
Total costs and expenses $ 9,027,440   $ 3,047,134         $ 19,463,529 $ 8,350,309 15,111,458 $ 12,731,497
CleanTech Acquisition Corp                      
Operating costs   1,446,459   $ 1,905,106 $ 1,000     1,201,383  
Franchise tax expense   76,033   96,761     97,200  
Operating loss   (1,522,492)   (2,001,867) (1,000)     (1,298,583)  
Other expense (income)                      
Transaction costs allocated to warrant liabilities                 (155,037)  
Net gain on investments held in Trust Account   235,270   252,815     5,428  
Gain on change in fair value of warrant liabilities   503,750   2,917,250          
Income (loss) before income taxes   (783,472)   1,168,198          
Income taxes   (12,359)   (12,359)          
Change in fair value of warrant liabilities                 1,077,750  
Change in fair value of over-allotment option liability                 (225,000)  
Net income (loss)   $ (795,831)   $ 1,155,839 $ (1,000)     $ (595,442)  
Basic and diluted weighted average shares outstanding (in Shares)   21,562,500   3,750,000 21,562,500 3,750,000 3,750,000     11,781,678  
Basic net income (loss) per share of common stock (in Dollars per share)   $ (0.04)   $ 0 $ 0.05 $ 0 $ 0     $ (0.05)