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, 2022
Dec. 31, 2021
Revenues, net:    
Total Net Revenues $ 8,448,019 $ 6,274,399
Cost of Sales:    
Total Cost of Sales 4,245,149 3,031,660
Gross Profit 4,202,870 3,242,739
Operating Expenses:    
Research and development 1,070,473 1,129,957
Selling, general and administrative 4,334,698 4,289,920
Depreciation and amortization 43,832 43,471
Total Operating Expenses 5,449,003 5,463,348
Operating (Loss) (1,246,133) (2,220,609)
Other Income / (Expenses):    
Gain on Debt Extinguishment 0 1,836,780
(Loss) on Fixed Assets Disposal (526) 0
Interest expense, net (23,542) (21,067)
Total Other Income / (Expenses): (24,068) 1,815,713
(Loss) before Provision for Income Taxes (1,270,201) (404,896)
Income Tax Provision 15,036 7,889
Net (Loss) $ (1,285,237) $ (412,785)
Net (Loss) per Common Share:    
Basic – net income (loss) attributable to common stockholders $ 0.00 $ 0.00
Diluted – net income (loss) attributable to common stockholders $ 0.00 $ 0.00
Weighted Average Common Shares Outstanding – basic 296,497,266 136,311,335
Weighted Average Common Shares Outstanding – diluted 296,497,266 136,311,335
Product [Member]    
Revenues, net:    
Total Net Revenues $ 7,793,740 $ 5,542,404
Cost of Sales:    
Total Cost of Sales 4,112,166 2,978,886
Recurring [Member]    
Revenues, net:    
Total Net Revenues 654,279 731,995
Cost of Sales:    
Total Cost of Sales $ 132,983 $ 52,774