v3.24.4
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]            
Revenues $ 2,705,461 $ 2,367,227 $ 7,652,813 $ 7,503,940 $ 9,929,629 $ 11,916,482
Costs of goods sold 903,834 769,956 2,529,018 2,444,401 3,269,967 4,685,639
Gross Profit 1,801,627 1,597,271 5,123,795 5,059,539 6,659,662 7,230,843
Operating Expenses            
Direct operating cost 359,044 266,746 1,010,624 841,974 1,142,596 1,455,450
Advertising costs 114,795 57,195 402,229 190,588 270,709 105,672
Selling and marketing 599,306 636,643 1,792,337 1,620,109 2,206,091 1,094,628
Research and development 96,650 242,697 404,108 806,851 982,684 1,241,265
General and administrative 1,727,550 1,901,516 5,609,510 6,759,135 8,478,947 9,037,794
Other expense 101,013 54,296 254,770 133,261 147,506 374,389
Goodwill impairment         7,815,000
Depreciation and amortization 402,821 217,767 1,126,346 649,468 944,596 828,137
Total Operating Expenses 3,401,179 3,376,860 10,599,924 11,001,386 21,988,129 14,137,335
Operating Loss (1,599,552) (1,779,589) (5,476,129) (5,941,847) (15,328,467) (6,906,492)
Other Income            
Interest income 41,109 88,975 134,286 149,914 221,871 119,483
Other income 39,638 246,138 39,638 246,138 246,138
Total Other Income 80,747 335,113 173,924 396,052 468,009 119,483
Loss before Income Taxes (1,518,805) (1,444,476) (5,302,205) (5,545,795) (14,860,458) (6,787,009)
Income tax expense         (309,849) 137,956
Net Loss (1,518,805) (1,444,476) (5,302,205) (5,545,795) (14,550,609) (6,924,965)
Preferred stock dividends (75,000) (75,000) (225,000) (225,000) (300,000) (328,456)
Deemed dividend         (930,122)
Net Loss Attributable to Common Stockholders $ (1,593,805) $ (1,519,476) $ (5,527,205) $ (5,770,795) $ (15,780,731) $ (7,253,421)
Net Loss Attributable to Common Stockholders Per Share - Basic (in Dollars per share) $ (0.2) $ (1.1) $ (1.34) $ (4.73) $ (11.66) $ (15.15)
Net Loss Attributable to Common Stockholders Per Share - Diluted (in Dollars per share) $ (0.2) $ (1.1) $ (1.34) $ (4.73) $ (11.66) $ (15.15)
Weighted Average Number of Common Shares Outstanding - Basic (in Shares) 7,995,555 1,380,373 4,112,228 1,219,749 1,353,333 478,705
Weighted Average Number of Common Shares Outstanding - Diluted (in Shares) 7,995,555 1,380,373 4,112,228 1,219,749 1,353,333 478,705