Income Statement

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES:        
Product revenue $ 31,500 $ 11,800 $ 67,220 $ 15,850
Total revenues 31,500 11,800 67,220 15,850
COSTS OF GOODS SOLD        
Product costs 22,050 7,670 45,268 8,371
Total cost of goods sold 22,050 7,670 45,268 8,371
GROSS MARGIN 9,450 4,130 21,952 7,479
COSTS AND EXPENSES:        
General and Administrative 1,943,127 1,355,865 8,895,978 4,309,343
Research and Development 326,361 220,653 2,891,452 1,064,563
Total costs and expenses 2,269,487 1,576,518 11,787,430 5,373,906
LOSS FROM OPERATIONS (2,260,037) (1,572,388) (11,765,478) (5,366,427)
OTHER (EXPENSE)        
Interest expense (8,560) (32,736) (17,973) (67,498)
Amortization of debt discount 0 (219,798) 0 (434,712)
Total other expense (8,560) (252,534) (17,973) (502,210)
NET LOSS $ (2,268,597) $ (1,824,922) $ (11,783,451) $ (5,868,637)
BASIC AND DILUTED LOSS PER SHARE $ (0.67) $ (1.05) $ (3.87) $ (3.64)
WEIGHTED AVERAGE BASIC AND DILUTED SHARES OUTSTANDING 3,410,444 1,735,887 3,041,466 1,610,861

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