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, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Sales $ 2,151,014 $ 1,643,716
Cost of sales (1,616,063) (1,475,961)
Gross profit 534,951 167,755
Operating Expenses    
Selling and marketing 960,601 738,399
General and administrative 9,999,102 7,961,065
Depreciation and amortization 403,064 251,941
Impairment of investment - related party 7,000,000
Total operating expenses 11,362,767 15,951,405
Loss from Operations (10,827,816) (15,783,650)
Other Expense (Income)    
Change in fair value of derivative liability 2,505,731
Loss on extinguishment of debt 416,081 2,105,119
Gains from foreign currency remeasurement, net (605,531) (478,500)
Inducement expense 3,163,318
Interest income (71,978) (142,746)
Interest expense 3,488,113 1,694,457
Other income, related party (362,222) (300,000)
Total other expense 5,370,194 6,041,648
Net Loss (16,198,010) (21,825,298)
Net loss attributable to non-controlling interest 72,261
Net Loss Attributable to Common Stockholders $ (16,198,010) $ (21,753,037)
Net Loss per Common Share    
Basic $ (13.06) $ (123.26)
Diluted $ (13.06) $ (123.26)
Weighted Average Number of Common Shares Outstanding:    
Basic 1,240,128 176,483
Diluted 1,240,128 176,483