v3.24.1.1.u2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Revenues $ 1,600,905 $ 1,881,482
Cost of revenues 964,411 1,066,575
Gross profit 636,494 814,907
Operating expenses    
Bad Debt Expense 49,109 (10,576)
General and administrative 644,729 1,554,682
Sales and marketing 763,099 691,220
Engineering, research, and development 1,026,418 734,375
Depreciation and amortization 9,909 63,902
Total operating expenses 2,493,264 3,033,603
Loss from operations (1,856,770) (2,218,696)
Other income/(expense)    
Loss of settlement of debt (10,857)
Interest expense (397,472) (238,446)
Settlement Losses (10,000)
Foreign currency gain (176)
Total other income/(expense) (397,472) (259,479)
Loss before income taxes (2,254,242) (2,478,175)
Income tax expense
Net loss (2,254,242) (2,478,175)
Other comprehensive loss, net of income tax    
Foreign currency translation adjustments 217,929 31,502
Comprehensive loss $ (2,036,313) $ (2,446,673)
Basic $ (0.03) $ (0.04)
Diluted $ (0.03) $ (0.04)
Weighted average number of shares:    
Basic 67,949,340 62,078,218
Diluted 67,949,340 62,078,218

Source