| Schedule of fair value assets and liabilities measured on recurring basis |
|
|
|
|
|
Fair Value Measurement as of |
|
|
|
|
|
|
September 30, 2021 |
|
|
|
Total |
|
|
Level 1 |
|
|
Level 2 |
|
|
Level 3 |
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
|
866,013 |
|
|
|
866,013 |
|
|
|
- |
|
|
|
- |
|
Total Assets |
|
$ |
866,013 |
|
|
$ |
866,013 |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Promissory notes |
|
|
11,946,893 |
|
|
|
- |
|
|
|
11,946,893 |
|
|
|
- |
|
Profit share liability – related party |
|
|
2,692,258 |
|
|
|
- |
|
|
|
- |
|
|
|
2,692,258 |
|
Total Liabilities |
|
$ |
14,639,151 |
|
|
$ |
- |
|
|
$ |
11,946,893 |
|
|
$ |
2,692,258 |
|
|
|
|
|
|
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
September 30, 2021
|
|
|
Three months ended
September 30, 2020
|
|
|
|
United
States
|
|
|
International |
|
|
Total |
|
|
United
States
|
|
|
International |
|
|
Total |
|
Product revenue |
|
$ |
4,687,595 |
|
|
$ |
- |
|
|
$ |
4,687,595 |
|
|
$ |
2,780,638 |
|
|
$ |
- |
|
|
$ |
2,780,638 |
|
License revenue |
|
|
195,547 |
|
|
|
- |
|
|
|
195,547 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Demonstrations & Consulting revenue |
|
|
78,870 |
|
|
|
- |
|
|
|
78,870 |
|
|
|
27,000 |
|
|
|
- |
|
|
|
27,000 |
|
Equipment revenue |
|
|
57,705 |
|
|
|
- |
|
|
|
57,705 |
|
|
|
1,950 |
|
|
|
2,609 |
|
|
|
4,559 |
|
|
|
$ |
5,019,717 |
|
|
$ |
- |
|
|
$ |
5,019,717 |
|
|
$ |
2,809,588 |
|
|
$ |
2,609 |
|
|
$ |
2,812,197 |
|
|
|
Nine months ended
September 30, 2021
|
|
|
Nine months ended
September 30, 2020
|
|
|
|
United
States
|
|
|
International |
|
|
Total |
|
|
United
States
|
|
|
International |
|
|
Total |
|
Product revenue |
|
$ |
8,779,645 |
|
|
$ |
- |
|
|
$ |
8,779,645 |
|
|
$ |
5,573,643 |
|
|
$ |
113,600 |
|
|
$ |
5,687,243 |
|
License revenue |
|
|
1,286,641 |
|
|
|
- |
|
|
|
1,286,641 |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
Demonstrations & Consulting revenue |
|
|
140,180 |
|
|
|
- |
|
|
|
140,180 |
|
|
|
109,372 |
|
|
|
- |
|
|
|
109,372 |
|
Equipment revenue |
|
|
110,585 |
|
|
|
- |
|
|
|
110,585 |
|
|
|
9,394 |
|
|
|
6,366 |
|
|
|
15,760 |
|
|
|
$ |
10,317,051 |
|
|
$ |
- |
|
|
$ |
10,317,051 |
|
|
$ |
5,692,409 |
|
|
$ |
119,966 |
|
|
$ |
5,812,375 |
|
|
| Schedule of earnings per share basic and diluted |
|
|
September 30, |
|
|
September 30, |
|
|
|
2021 |
|
|
2020 |
|
|
|
|
|
|
|
|
Stock Options |
|
|
16,068,326 |
|
|
|
14,044,826 |
|
Warrants |
|
|
4,285,000 |
|
|
|
5,690,378 |
|
Convertible debt |
|
|
- |
|
|
|
9,157,100 |
|
Total common stock equivalents excluded from diluted net loss per share |
|
|
20,353,326 |
|
|
|
28,892,304 |
|
|