| Schedule of fair value assets and liabilities measured on recurring basis |
|
|
|
|
|
Fair Value Measurement as of |
|
|
|
|
|
|
September 30, 2022 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit share liability – related party |
|
$ |
3,312,896 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
3,312,896 |
|
Total Liabilities |
|
$ |
3,312,896 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
3,312,896 |
|
|
|
|
|
|
Fair Value Measurement as of |
|
|
|
|
|
|
December 31, 2021 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit share liability – related party |
|
$ |
2,836,743 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2,836,743 |
|
Total Liabilities |
|
$ |
2,836,743 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
2,836,743 |
|
|
| Schedule of sales by operating segment |
|
|
Three months ended September 30, 2022 |
|
|
Three months ended September 30, 2021 |
|
|
|
United States |
|
|
Total |
|
|
United States |
|
|
Total |
|
Product revenue |
|
$ |
7,382,800 |
|
|
$ |
7,382,800 |
|
|
$ |
4,687,595 |
|
|
$ |
4,687,595 |
|
License revenue |
|
|
52,530 |
|
|
|
52,530 |
|
|
|
195,547 |
|
|
|
195,547 |
|
Demonstrations & Consulting revenue |
|
|
27,000 |
|
|
|
27,000 |
|
|
|
78,870 |
|
|
|
78,870 |
|
Equipment revenue |
|
|
23,643 |
|
|
|
23,643 |
|
|
|
57,705 |
|
|
|
57,705 |
|
|
|
$ |
7,485,973 |
|
|
$ |
7,485,973 |
|
|
$ |
5,019,717 |
|
|
$ |
5,019,717 |
|
|
|
Nine months ended September 30, 2022 |
|
|
Nine months ended September 30, 2021 |
|
|
|
United States |
|
|
Total |
|
|
United States |
|
|
Total |
|
Product revenue |
|
$ |
15,372,155 |
|
|
$ |
15,372,155 |
|
|
$ |
8,779,645 |
|
|
$ |
8,779,645 |
|
License revenue |
|
|
285,938 |
|
|
|
285,938 |
|
|
|
1,286,641 |
|
|
|
1,286,641 |
|
Demonstrations & Consulting revenue |
|
|
81,000 |
|
|
|
81,000 |
|
|
|
140,180 |
|
|
|
140,180 |
|
Equipment revenue |
|
|
217,346 |
|
|
|
217,346 |
|
|
|
110,585 |
|
|
|
110,585 |
|
|
|
$ |
15,956,439 |
|
|
$ |
15,956,439 |
|
|
$ |
10,317,051 |
|
|
$ |
10,317,051 |
|
|
| Schedule of earnings per share basic and diluted |
|
|
September 30, |
|
|
September 30, |
|
|
|
2022 |
|
|
2021 |
|
|
|
|
|
|
|
|
Stock Options |
|
|
19,108,576 |
|
|
|
16,068,326 |
|
Warrants |
|
|
4,285,000 |
|
|
|
4,285,000 |
|
Total common stock equivalents outstanding |
|
|
23,393,576 |
|
|
|
20,395,326 |
|
|
|
Three Months Ended September 30, |
|
|
|
2022 |
|
|
|
|
|
Weighted average common stock outstanding |
|
|
89,871,132 |
|
Dilutive stock options (exercise price less than market price) at September 30, 2022 |
|
|
3,659,814 |
|
Total dilutive common stock equivalents outstanding |
|
|
93,530,946 |
|
|