Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue:    
Service $ 2,820,780 $ 2,235,965
Total revenue 2,820,780 2,235,965
Costs and expenses:    
Cost of revenue (exclusive of items shown separately below) 2,932,267 1,899,161
Depreciation 273,099 111,319
Research and development 226,967 1,267,412
General and administrative 5,212,644 1,646,041
Total costs and expenses 8,644,977 4,923,933
Operating loss (5,824,197) (2,687,968)
Other (income) expense:    
Other expense, net 1,152,381 4,212
Foreign currency transaction (gain) loss (9,884) 9,848
Change in fair value of warrant liabilities 2,236,904
Interest expense, net 976,422 801,974
Total other (income) expense, net 4,355,823 816,034
Net loss $ (10,180,020) $ (3,504,002)
Basic and diluted earnings (loss) per share (in Dollars per share) $ (0.26) $ (0.36)
Basic and diluted weighted average shares outstanding (in Shares) 39,765,361 9,669,217