Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
REVENUES, NET $ 3,234,000 $ 5,335,000
COST OF GOODS SOLD 1,007,000 436,000
GROSS PROFIT 2,227,000 4,899,000
OPERATING EXPENSES    
Research and development 466,000 1,809,000
Selling 1,460,000 1,283,000
General and administrative 3,369,000 3,422,000
Total operating expenses 5,295,000 6,514,000
LOSS FROM OPERATIONS (3,068,000) (1,615,000)
OTHER INCOME (EXPENSE)    
Loss on debt extinguishment, net   (1,172,000)
Change in fair value of warrant derivative liabilities 748,000 (529,000)
Change in fair value of conversion feature derivative, notes payable 3,080,000 (2,338,000)
Realized loss on investment on convertible bond (133,000)  
Net loss on equity method investment (566,000) (754,000)
Foreign exchange loss (1,191,000) (1,132,000)
Interest and other income 222,000 190,000
Interest expense (737,000) (1,054,000)
Total other income (expense) 1,423,000 (6,789,000)
LOSS BEFORE INCOME TAXES (1,645,000) (8,404,000)
INCOME TAXES (BENEFIT) (103,000) 18,000
NET LOSS (1,542,000) (8,422,000)
COMPONENTS OF OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized gain on debt securities available for sale (net of tax) 350,000 58,000
Reclassification adjustment for loss included in net income 7,000  
Foreign currency translation adjustments 331,000 165,000
Other comprehensive income 688,000 223,000
COMPREHENSIVE LOSS $ (854,000) $ (8,199,000)
NET LOSS PER COMMON SHARE - BASIC AND DILUTED $ (0.03) $ (0.17)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 49,311,864 49,073,769