Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 1,914,724 $ 1,360,388
Revenue - related parties 348,903 438,947
Total - revenue 2,263,627 1,799,335
Cost of revenue 1,367,828 820,998
Gross profit 895,799 978,337
Operating expenses    
Payroll expenses 1,716,543 751,198
Sales and marketing expenses 188,597 90,461
Lease expense 86,387 84,999
Professional fees 487,442 1,322,292
General and administrative expense 1,063,200 993,833
Total operating expenses 3,542,169 3,242,783
Net loss from operations (2,646,370) (2,264,446)
Other income (expenses)    
Interest expense (187,527) (65,908)
Asset-based loan expense (40,933)
Finance expense (566,229)
Total other income (expenses) (794,689) (65,908)
Loss before income taxes (3,441,059) (2,330,354)
Provision for income taxes
Net loss $ (3,441,059) $ (2,330,354)
Basic and diluted loss per Common Share $ (0.12) $ (0.14)
Basic and diluted weighted average number of common shares outstanding 29,714,403 16,600,707