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)

6 Months Ended

Jun. 30, 2023

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
						June 30, 2023
		Total				Level 1				Level 2				Level 3
Liabilities:

Profit share liability – related party (1)		$	3,952,157			$	-			$	-			$	3,952,157
Total Liabilities		$	3,952,157			$	-			$	-			$	3,952,157

						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 disaggregated

		For the Three Months Ended June 30, 2023				For the Three Months Ended June 30, 2022
Product revenue		$	3,914,711			$	4,791,054
License revenue			163,125				163,125
Demonstrations & Consulting revenue			27,000				27,000
Equipment revenue			6,885				147,703
		$	4,111,721			$	5,128,882

		For the Six Months Ended June 30, 2023				For the Six Months Ended June 30, 2022
Product revenue		$	6,431,111			$	7,989,356
License revenue			618,750				233,408
Demonstrations & Consulting revenue			54,000				54,000
Equipment revenue			20,608				193,703
		$	7,124,469			$	8,470,467

Schedule of earnings per share basic and diluted

		June 30,				June 30,
		2023				2022

Stock Options			17,694,204				19,108,576
Warrants			2,850,000				4,285,000
Total common stock equivalents excluded from basic and dilutive loss per share			20,544,204				23,393,576