Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash $ 194,920 $ 1,975,799
Prepaid expenses and other current assets 1,030,461 1,664,107
Total Current Assets 1,225,381 3,639,906
Intangible assets, net 9,244,475 1,619,570
Total Assets 10,469,856 5,259,476
Current Liabilities:    
Accounts payable 2,090,827 1,892,611
Accrued expenses 466,335 1,869,814
Loans payable - current portion 473,143 1,034,124
Derivative liabilities 58
Total Current Liabilities 6,383,830 5,062,616
Loans payable - noncurrent portion 10,574 19,936
Deferred tax liability 341,678 304,657
Total Liabilities 6,736,082 5,387,209
Commitments and contingencies (Note 10)
Stockholders’ Equity (Deficit):    
Preferred stock value
Common stock, $0.0001 par value; 100,000,000 shares authorized; 1,026,930 and 534,719 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 103 54
Additional paid-in capital 135,955,083 130,117,209
Accumulated other comprehensive income (2,983,072) (2,901,339)
Accumulated deficit (129,238,340) (127,343,657)
Total Stockholders’ Equity (Deficit) 3,733,774 (127,733)
Total Liabilities and Stockholders’ Equity (Deficit) 10,469,856 5,259,476
Related Party    
Current Liabilities:    
Accounts payable - related parties 580,830 266,009
Class B Convertible Preferred stock    
Current Liabilities:    
Convertible Preferred stock liability 2,772,695
Series C Preferred Stock [Member]    
Stockholders’ Equity (Deficit):    
Preferred stock value
Class K Preferred Stock [Member]    
Stockholders’ Equity (Deficit):    
Preferred stock value