Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Summary of Significant Accounting Policies

Schedule of fair value assets and liabilities measured on recurring basis

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

Profit share liability – related party (1)		$	3,829,300			$	-			$	-			$	3,829,300
Total Liabilities		$	3,829,300			$	-			$	-			$	3,829,200

						Fair Value Measurement as of
						December 31, 2022
		Total				Level 1				Level 2				Level 3
Liabilities:

Profit share liability – related party (1)		$	3,638,260			$	-			$	-			$	3,638,260
Total Liabilities		$	3,638,260			$	-			$	-			$	3,638,260

Schedule of sales by operating segment

		March 31, 2023				March 31, 2022
Product revenue		$	2,516,401			$	3,198,303
License revenue			455,625				70,282
Demonstrations & Consulting revenue			27,000				27,000
Equipment revenue			13,723				46,000
		$	3,012,749			$	3,341,585

Schedule of earnings per share basic and diluted

		March 31,				March 31,
		2023				2022

Stock Options			17,421,912				18,158,326
Warrants			3,285,000				4,285,000
Total common stock equivalents excluded from basic and dilutive loss per share			20,706,912				22,443,326