v3.24.3
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)        
Revenues $ 5,236,990 $ 6,747,256 $ 12,155,189 $ 13,871,725
Cost of sales (3,642,071) (4,471,788) (8,056,386) (9,118,279)
Gross profit 1,594,919 2,275,468 4,098,803 4,753,446
Operating expenses:        
Selling, general and administrative expenses (related party of $269,467, $137,967, $635,864 and $379,634) (2,702,350) (2,459,229) (10,863,236) (6,159,740)
Total operating expenses (2,702,350) (2,459,229) (10,863,236) (6,159,740)
Operating loss (1,107,431) (183,761) (6,764,433) (1,406,294)
Other income (expense)        
Interest expense (related party of $Nil, $342,647, $245,817 and $1,017,671) (7,356) (344,193) (258,990) (1,019,217)
Gain (loss) on change in fair value of profit share and unsecured note 282,382 (299,548) (2,672,252) (613,445)
Other income 67,966 0 213,269 0
Total other income (expense) 342,992 (643,741) (2,717,973) (1,632,662)
Loss before benefit for income taxes (764,439) (827,502) (9,482,406) (3,038,956)
Benefit for income taxes 294,203 0 293,857 0
Net loss $ (470,236) $ (827,502) $ (9,188,549) $ (3,038,956)
Net loss per common share - basic and diluted $ (0.00) $ (0.01) $ (0.10) $ (0.03)
Weighted average common shares outstanding 96,125,797 94,279,780 94,992,520 94,120,499

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