Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash $ 675,977 $ 1,975,799
Prepaid expenses and other current assets 1,178,971 1,664,107
Total Current Assets 1,854,948 3,639,906
Intangible assets, net 1,586,792 1,619,570
Total Assets 3,441,740 5,259,476
Liabilities and Stockholders’ Deficit    
Accounts payable 1,784,150 1,892,611
Accrued expenses 1,416,790 1,869,814
Loans payable - current portion 772,334 1,034,124
Derivative liabilities 249 58
Total Current Liabilities 4,080,307 5,062,616
Loans payable - noncurrent portion 16,544 19,936
Deferred tax liability 299,355 304,657
Total Liabilities 4,396,206 5,387,209
Commitments and contingencies (Note 8)
Stockholders’ Deficit:    
Preferred stock value
Common stock, $0.0001 par value; 100,000,000 shares authorized; 852,772 and 534,719 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 86 54
Additional paid-in capital 130,353,728 130,117,209
Accumulated other comprehensive income (2,894,879) (2,901,339)
Accumulated deficit (128,413,401) (127,343,657)
Total Stockholders’ Deficit (954,466) (127,733)
Total Liabilities and Stockholders’ Deficit 3,441,740 5,259,476
Related Party    
Liabilities and Stockholders’ Deficit    
Accounts payable – related parties 53,076 266,009
Accrued expenses - related parties 53,708
Class C Preferred Stock    
Stockholders’ Deficit:    
Preferred stock value
Class K Preferred Stock    
Stockholders’ Deficit:    
Preferred stock value