Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 1,146,288 $ 1,975,799
Prepaid expenses and other current assets 1,201,202 1,664,107
Total Current Assets 2,347,490 3,639,906
Intangible assets, net 1,563,955 1,619,570
Total Assets 3,911,445 5,259,476
Current Liabilities:    
Accounts payable 2,555,238 1,892,611
Accrued expenses 559,733 1,869,814
Loans payable - current portion 428,996 1,034,124
Derivative liabilities 58
Total Current Liabilities 4,016,127 5,062,616
Accrued issuable equity
Loans payable - noncurrent portion 13,289 19,936
Deferred tax liability 300,016 304,657
Total Liabilities 4,329,432 5,387,209
Commitments and contingencies (Note 8)
Stockholders’ Deficit:    
Preferred stock value
Common stock, $0.0001 par value; 100,000,000 shares authorized; 941,590 and 534,719 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively 95 54
Additional paid-in capital 130,899,278 130,117,209
Accumulated other comprehensive income (2,915,740) (2,901,339)
Accumulated deficit (128,401,620) (127,343,657)
Total Stockholders’ Deficit (417,987) (127,733)
Total Liabilities and Stockholders’ Deficit 3,911,445 5,259,476
Related Party    
Current Liabilities:    
Accounts payable - related parties 364,645 266,009
Accrued expenses - related parties 107,515
Class C Preferred Stock    
Stockholders’ Deficit:    
Preferred stock value
Class K Preferred Stock    
Stockholders’ Deficit:    
Preferred stock value