Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2024

Basis of Presentation and Summary of Significant Accounting Policies

Schedule of fair value assets and liabilities measured on recurring basis

						Fair Value Measurement as of
						March 31, 2024
		Total				Level 1				Level 2				Level 3
Liabilities:

Profit share liability – related party (1)		$	3,255,446			$	-			$	-			$	3,255,446
Unsecured note (1)		$	3,179,441			$	-			$	-			$	3,179,441
Total Liabilities		$	6,434,887			$	-			$	-			$	6,434,887

						Fair Value Measurement as of
						December 31, 2023
		Total				Level 1				Level 2				Level 3
Liabilities:

Profit share liability – related party (1)		$	14,847,937			$	-			$	-			$	14,847,937
Total Liabilities		$	14,847,937			$	-			$	-			$	14,847,937

Schedule of sales by operating segment disaggregated

		March 31, 2024				March 31, 2023
Product revenue		$	3,084,088			$	2,516,401
License revenue			455,625				455,625
Demonstrations & Consulting revenue			6,000				27,000
Equipment sales revenue			11,053				13,723
		$	3,556,766			$	3,012,749

Schedule of earnings per share basic and diluted

		March 31,				March 31,
		2024				2023

Stock options			18,018,750				17,421,912
Warrants			2,550,000				3,285,000
Restricted stock units			50,000				-
Total common stock equivalents excluded from dilutive loss per share			20,618,750				20,706,912