| NON-CASH EXPENSES |
Note
8 – Non-Cash Expenses
The
following table details the Company’s non-cash expenses included in the accompanying condensed statements of operations:
| |
|
For the
Three Months Ended
September 30, |
|
|
For the
Nine
Months Ended
September 30, |
|
| |
|
2021 |
|
|
2020 |
|
|
2021 |
|
|
2020 |
|
|
Operating
expenses: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock-based compensation |
|
$ |
681,835 |
|
|
$ |
370,685 |
|
|
$ |
1,959,837 |
|
|
$ |
1,906,457 |
|
| Depreciation & amortization |
|
|
34,594 |
|
|
|
36,753 |
|
|
|
107,735 |
|
|
|
121,053 |
|
| Subtotal |
|
$ |
716,429 |
|
|
$ |
407,438 |
|
|
$ |
2,067,572 |
|
|
$ |
2,027,510 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Amortization of debt discount |
|
|
4,174 |
|
|
|
49,693 |
|
|
|
27,512 |
|
|
|
224,095 |
|
| Equity modification expense |
|
|
- |
|
|
|
489,645 |
|
|
|
- |
|
|
|
2,290,688 |
|
| Subtotal |
|
$ |
4,174 |
|
|
$ |
539,338 |
|
|
$ |
27,512 |
|
|
$ |
2,514,783 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total
non-cash expenses |
|
$ |
720,603 |
|
|
$ |
946,776 |
|
|
$ |
2,095,084 |
|
|
$ |
4,542,293 |
|
|