Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues, net $ 614,026 $ 88,132 $ 1,969,598 $ 313,583
Cost of goods sold 365,863 15,185 1,087,540 71,133
Gross profit 248,163 72,947 882,058 242,450
General and administration 1,823,336 1,036,013 5,222,180 3,874,186
Sales and marketing 253,560 1,174,293 934,948 4,728,505
Research and development 904,378 1,250,736 2,555,223 4,411,266
Total operating expenses 2,981,274 3,461,042 8,712,351 13,013,957
Operating loss (2,733,111) (3,388,095) (7,830,293) (12,771,507)
Other income 7,262 7,915 16,275 12,223
Interest income 53 102 211 1,769
Interest expense (463,761) (615,518) (1,403,576) (1,891,802)
Change in fair value of derivative liability (136,323)   (136,323)  
Impairment of deferred offering and financing costs associated with canceled financing efforts (1,208,063)   (1,478,695)
Total other income (expense) (592,769) (1,815,564) (1,523,413) (3,356,505)
Loss before provision for income taxes (3,325,880) (5,203,659) (9,353,706) (16,128,012)
Provision for income taxes
Net loss (3,325,880) (5,203,659) (9,353,706) (16,128,012)
Foreign currency translation loss (21,655) (7,755)
Comprehensive loss $ (3,325,880) $ (5,225,314) $ (9,353,706) $ (16,135,767)
Net loss per share - basic (in Dollars per share) $ (0.06) $ (0.10) $ (0.16) $ (0.32)
Weighted average number of common shares outstanding, basic (in Shares) 59,269,390 50,731,929 59,268,523 50,554,113
Net loss per share – fully diluted (in Dollars per share) $ (0.06) $ (0.10) $ (0.16) $ (0.32)
Weighted average number of common shares outstanding, fully diluted (in Shares) 60,132,656 50,887,702 59,833,452 50,659,117