Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS    
Net revenues $ 3,432,410 $ 408,405
Cost of net revenues 1,958,911 615,942
Gross profit (loss) 1,473,499 (207,537)
Operating expenses:    
General and administrative 4,611,235 1,907,518
Sales and marketing 1,040,572 170,820
Distribution 202,848 63,578
Change in fair value of contingent consideration 1,200,321  
Total operating expenses 7,054,976 2,141,916
Loss from operations (5,581,477) (2,349,453)
Other income (expense):    
Interest expense (1,567,877) (675,044)
Other non-operating income (expenses) (683,588) 562
Total other income (expense), net (2,251,465) (674,482)
Net loss $ (7,832,942) $ (3,023,935)
Weighted average common shares outstanding - basic 13,235,062 664,167
Weighted average common shares outstanding - diluted 13,235,062 664,167
Net loss per common share - basic $ (0.59) $ (4.55)
Net loss per common share - diluted $ (0.59) $ (4.55)