Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated and Combined Statements of Stockholders' Equity (Deficit)

v3.21.2
Condensed Consolidated and Combined Statements of Stockholders' Equity (Deficit) - USD ($)
Temporary Equity Preferred Shares Two [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Noncontrolling Interest [Member]
Total
Beginning balance, value at Dec. 31, 2019 $ 1,041 $ 71,505,989 $ (75,068,385) $ (46,437) $ 455,781 $ (3,152,011)
Shares, Outstanding at Dec. 31, 2019   10,404,342          
Preferred unit dividend $ 4 19,519 (28,219) (8,696)
Preferred unit dividend   37,518          
Exercise of warrants 246 1,528,867 (325,366) 1,203,747
Exercise of warrants, Shares   2,414,022          
Issuance of shares, net of transaction costs of $95,000 $ 1,405,000
Issuance of shares, net of transaction costs of $95,000, Shares 1,500            
Bifurcation of derivative liability $ (529,000)
Beneficial conversion feature (729,000) 729,000 729,000
Preferred stock deemed dividend 729,000 (729,000) (729,000)
Conversion of Series 2 preferred to common (416,392) 143 416,249 416,392
Conversion of Series 2 preferred to common, Shares (713)            
Foreign currency translation (81,069) (81,069)
Net loss (1,771,614) 203,405 (1,568,209)
Ending balance, value at Mar. 31, 2020 $ 459,608 $ 1,434 73,470,624 (77,193,584) (127,506) 659,186 (3,189,846)
Shares, Outstanding, Ending Balance at Mar. 31, 2020 787 14,282,736          
Beginning balance, value at Dec. 31, 2019 $ 1,041 71,505,989 (75,068,385) (46,437) 455,781 (3,152,011)
Shares, Outstanding at Dec. 31, 2019   10,404,342          
Foreign currency translation             (87,610)
Net loss             (10,644,227)
Ending balance, value at Jun. 30, 2020 $ 459,608 $ 1,434 80,511,278 (85,373,977) (134,047) (236,439) (5,231,751)
Shares, Outstanding, Ending Balance at Jun. 30, 2020 787 14,282,736          
Beginning balance, value at Mar. 31, 2020 $ 459,608 $ 1,434 73,470,624 (77,193,584) (127,506) 659,186 (3,189,846)
Shares, Outstanding at Mar. 31, 2020 787 14,282,736          
Reclassification of non-controlling interest 805,909 (805,909)
Cash contribution of merger consideration, net transaction costs of $588,255 5,411,745 5,411,745
Contribution of warrant portion of merger consideration 1,628,909 1,628,909
Foreign currency translation (6,541) (6,541)
Net loss (8,986,302) (89,716) (9,076,018)
Ending balance, value at Jun. 30, 2020 $ 459,608 $ 1,434 80,511,278 (85,373,977) (134,047) (236,439) (5,231,751)
Shares, Outstanding, Ending Balance at Jun. 30, 2020 787 14,282,736          
Beginning balance, value at Dec. 31, 2020 $ 459,608 $ 1,428 92,433,344 (94,587,482) (25,916) (969,680) (3,148,306)
Shares, Outstanding at Dec. 31, 2020 787 14,282,736          
Conversion of preferred stock into common $ (73,000) $ 25 72,975 73,000
Stock Issued During Period, Shares, Conversion of Convertible Securities (125) 250,000          
Foreign currency translation 8,792 8,792
Net loss (2,548,427) (164,285) (2,712,712)
Ending balance, value at Mar. 31, 2021 $ 386,608 $ 1,453 92,506,319 (97,135,909) (17,124) (1,133,965) (5,779,226)
Shares, Outstanding, Ending Balance at Mar. 31, 2021 662 14,532,736          
Beginning balance, value at Dec. 31, 2020 $ 459,608 $ 1,428 92,433,344 (94,587,482) (25,916) (969,680) (3,148,306)
Shares, Outstanding at Dec. 31, 2020 787 14,282,736          
Foreign currency translation             15,594
Net loss             (2,386,101)
Ending balance, value at Jun. 30, 2021 $ 58,400 $ 1,565 92,834,415 (96,869,182) (10,322) (1,074,081) (5,117,605)
Shares, Outstanding, Ending Balance at Jun. 30, 2021 100 15,656,736          
Beginning balance, value at Mar. 31, 2021 $ 386,608 $ 1,453 92,506,319 (97,135,909) (17,124) (1,133,965) (5,779,226)
Shares, Outstanding at Mar. 31, 2021 662 14,532,736          
Conversion of preferred stock into common $ (328,208) $ 112 328,096 328,208
Stock Issued During Period, Shares, Conversion of Convertible Securities (562) 1,124,000          
Foreign currency translation 6,802 6,802
Net loss 266,727 59,884 326,611
Ending balance, value at Jun. 30, 2021 $ 58,400 $ 1,565 $ 92,834,415 $ (96,869,182) $ (10,322) $ (1,074,081) $ (5,117,605)
Shares, Outstanding, Ending Balance at Jun. 30, 2021 100 15,656,736