Schedule of fair value assets and liabilities measured on recurring basis |
|
|
|
|
|
Fair Value Measurement as of |
|
|
|
|
|
|
June 30, 2021 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
|
1,689,352 |
|
|
|
1,689,352 |
|
|
|
- |
|
|
|
- |
|
Total Assets |
|
$ |
1,689,352 |
|
|
$ |
1,689,352 |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promissory notes |
|
|
11,479,556 |
|
|
|
- |
|
|
|
11,479,556 |
|
|
|
- |
|
Profit share liability – related party |
|
|
2,555,133 |
|
|
|
- |
|
|
|
- |
|
|
|
2,555,133 |
|
Total Liabilities |
|
$ |
14,034,689 |
|
|
$ |
- |
|
|
$ |
11,479,556 |
|
|
$ |
2,555,133 |
|
|
|
|
|
|
Fair Value Measurement as of
December 31, 2020
|
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
|
591,019 |
|
|
|
591,019 |
|
|
|
- |
|
|
|
- |
|
Total Assets |
|
$ |
591,019 |
|
|
$ |
591,019 |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promissory notes |
|
|
14,585,097 |
|
|
|
- |
|
|
|
14,585,097 |
|
|
|
- |
|
Profit share liability |
|
|
2,305,308 |
|
|
|
- |
|
|
|
- |
|
|
|
2,305,308 |
|
Total Liabilities |
|
$ |
16,890,405 |
|
|
$ |
- |
|
|
$ |
14,585,097 |
|
|
$ |
2,305,308 |
|
|
Schedule of sales by operating segment |
|
|
Three months ended June 30, 2021 |
|
|
Three months ended June 30, 2020 |
|
|
|
United
States
|
|
|
International |
|
|
Total |
|
|
United
States
|
|
|
International |
|
|
Total |
|
Product revenue |
|
$ |
2,060,949 |
|
|
$ |
- |
|
|
$ |
2,060,949 |
|
|
$ |
1,809,115 |
|
|
$ |
28,400 |
|
|
$ |
1,837,515 |
|
License revenue |
|
|
145,547 |
|
|
|
- |
|
|
|
145,547 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Demonstrations & Consulting revenue |
|
|
27,000 |
|
|
|
- |
|
|
|
27,000 |
|
|
|
39,335 |
|
|
|
- |
|
|
|
39,335 |
|
Equipment revenue |
|
|
37,200 |
|
|
|
- |
|
|
|
37,200 |
|
|
|
2,895 |
|
|
|
3,757 |
|
|
|
6,652 |
|
|
|
$ |
2,270,696 |
|
|
$ |
- |
|
|
$ |
2,270,696 |
|
|
$ |
1,851,345 |
|
|
$ |
32,157 |
|
|
$ |
1,883,502 |
|
|
|
Six months ended June 30, 2021 |
|
|
Six months ended June 30, 2020 |
|
|
|
United
States
|
|
|
International |
|
|
Total |
|
|
United
States
|
|
|
International |
|
|
Total |
|
Product revenue |
|
$ |
4,092,050 |
|
|
$ |
- |
|
|
$ |
4,092,050 |
|
|
$ |
2,793,485 |
|
|
$ |
113,600 |
|
|
$ |
2,907,085 |
|
License revenue |
|
|
1,091,094 |
|
|
|
- |
|
|
|
1,091,094 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Demonstrations & Consulting revenue |
|
|
61,310 |
|
|
|
- |
|
|
|
61,310 |
|
|
|
81,892 |
|
|
|
- |
|
|
|
81,892 |
|
Equipment revenue |
|
|
52,880 |
|
|
|
- |
|
|
|
52,880 |
|
|
|
7,444 |
|
|
|
3,757 |
|
|
|
11,201 |
|
|
|
$ |
5,297,334 |
|
|
$ |
- |
|
|
$ |
5,297,334 |
|
|
$ |
2,882,821 |
|
|
$ |
117,357 |
|
|
$ |
3,000,178 |
|
|
Schedule of earnings per share basic and diluted |
|
|
June 30, |
|
|
June 30, |
|
|
|
2021 |
|
|
2020 |
|
|
|
|
|
|
|
|
Stock Options |
|
|
16,068,326 |
|
|
|
12,447,326 |
|
Warrants |
|
|
4,285,000 |
|
|
|
5,690,378 |
|
Convertible debt |
|
|
42,000 |
|
|
|
9,414,200 |
|
Total common stock equivalents excluded from diluted net loss per share |
|
|
20,395,326 |
|
|
|
27,551,904 |
|
|