Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenue:    
Total revenue $ 11,434,959 $ 8,591,540
Costs and expenses:    
Cost of revenue (exclusive of items shown separately below) 11,863,862 6,850,248
Depreciation 516,949 365,097
Research and development 2,376,912 3,533,713
General and administrative 15,056,565 4,362,400
Total costs and expenses 29,814,288 15,111,458
Operating loss (18,379,329) (6,519,918)
Other (income) expense:    
Other income, net (293,862) (1,601,568)
Loss on extinguishment of debt   9,484,113
Change in fair value of warrant liabilities 6,461,087
Interest expense, net 3,714,017 725,166
Total other (income) expense, net 9,881,242 8,607,711
Net loss $ (28,260,571) $ (15,127,629)
Basic and diluted earnings (loss) per share (in Dollars per share) $ (1.75) $ (1.57)
Basic and diluted weighted average shares outstanding (in Shares) 18,982,139 9,637,962
Service    
Revenue:    
Revenue $ 11,210,559 $ 7,854,068
Revenue-related party 224,400 332,767
Product    
Revenue:    
Revenue 242,637
Revenue-related party $ 162,068