Quarterly report pursuant to Section 13 or 15(d)

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2024
Accounting Policies [Abstract]  
The following securities were not included in the computation of diluted shares outstanding for the three months ended March 31, 2024, and 2023 because the effect would be anti-dilutive:

The following securities were not included in the computation of diluted shares outstanding for the three months ended March 31, 2024, and 2023 because the effect would be anti-dilutive:

               
    Three Months Ended  
    March 31,  
    2024   2023  
Common stock options   $   $ 14,626  
PSUs     54,496      
Restricted stock     850,000     900,000  
Total   $ 904,496   $ 914,626  
Therefore, diluted weighted average number of shares outstanding and diluted net loss per share were the same as basic weighted average number of shares outstanding and net loss per share for the three months ended March 31, 2024 and 2023.

Therefore, diluted weighted average number of shares outstanding and diluted net loss per share were the same as basic weighted average number of shares outstanding and net loss per share for the three months ended March 31, 2024 and 2023.

             
    Three Months Ended  
    March 31,  
    2024   2023  
               
Net loss   $ (1,935,958 ) $ (2,410,885 )
               
Weighted Average Outstanding Shares:              
Basic weighted average shares outstanding     45,712,224     45,487,593  
Dilutive effect of outstanding stock options and unvested restricted stock          
Diluted weighted average shares outstanding     45,712,224     45,487,593  
               
Net loss per share              
Basic   $ (0.04 ) $ (0.05 )
Diluted   $ (0.04 ) $ (0.05 )
The following table summarizes net revenues by geography for the three months ended March 31, 2024, and 2023:

The following table summarizes net revenues by geography for the three months ended March 31, 2024, and 2023:

 

    Three Months Ended March 31,  
    2024   2023  
Revenues              
Domestic   $ 6,384,083   $ 6,283,965  
International     1,813,715     1,108,640  
Total   $ 8,197,798   $ 7,392,605