Statements of Operations (Unaudited) - USD ($) |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 |
Sep. 30, 2022 |
Sep. 30, 2023 |
Sep. 30, 2022 |
|
| Statements of Operations (Unaudited) | ||||
| Revenues | $ 0 | $ 0 | $ 0 | $ 298,500 |
| Cost of revenues | 0 | 0 | 0 | 222,000 |
| Gross profit | 0 | 0 | 0 | 76,500 |
| Operating expenses | ||||
| Selling, general and administrative | 700,150 | 1,490,823 | 3,500,141 | 4,452,343 |
| Research and development | 396,550 | 2,520,000 | 4,794,825 | 7,560,000 |
| Provision for doubtful accounts | 480,000 | 0 | 480,000 | 0 |
| Provision for purchase deposit write-off | 12,000 | 0 | 12,000 | 0 |
| Total operating expenses | 1,588,700 | 4,010,823 | 8,786,966 | 12,012,343 |
| Loss from operations | (1,588,700) | (4,010,823) | (8,786,966) | (11,935,843) |
| Other expense | ||||
| Interest expense - related party | 790 | 499 | 2,367 | 919 |
| Total other expenses | 790 | 499 | 2,367 | 919 |
| Loss before income tax expense | (1,589,490) | (4,011,322) | (8,789,333) | (11,936,762) |
| Income tax expense | 0 | 0 | 0 | 0 |
| Net loss | $ (1,589,490) | $ (4,011,322) | $ (8,789,333) | $ (11,936,762) |
| Basic and diluted loss per share of common stock | $ (0.03) | $ (0.07) | $ (0.15) | $ (0.20) |
| Weighted average number of shares of common stock outstanding | 60,042,000 | 60,042,000 | 60,042,000 | 60,042,000 |
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- References No definition available.
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- References No definition available.
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- Definition Amount of direct write-downs of accounts receivable charged against the allowance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of expense related to nonoperating activities, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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