Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
REVENUE:    
Product revenue $ 27,650 $ 0
Total Revenues 27,650 0
COST OF GOODS SOLD    
Product costs 16,040 0
Total Cost of Goods Sold 16,040 0
GROSS MARGIN 11,610 0
COSTS AND EXPENSES:    
General and administrative 5,897,594 6,491,704
Research and development 1,377,028 2,240,270
Total Costs and Expenses 7,274,622 8,731,974
LOSS FROM OPERATIONS (7,263,012) (8,731,974)
OTHER (EXPENSE):    
Amortization of debt discount 439,594 0
Interest expense - related parties (50,785) 0
Interest expense - other (23,793) (13,319)
Total Other Expense 514,172 13,319
NET LOSS $ (7,777,184) $ (8,745,293)
BASIC AND DILUTED LOSS PER SHARE $ (4.60) $ (5.57)
WEIGHTED AVERAGE    
BASIC AND DILUTED SHARES OUTSTANDING 1,690,009 1,569,943