Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue    
Seed sales $ 94,645
Cost of Goods Sold (85,276)
Gross Profit 9,369
Operating Expenses    
General and administrative 3,714,962 309,084
Facilities expense 2,840,537
Depreciation expense 25,670
Amortization of intangible assets 89,030 61,307
Total Operating Expenses 6,670,199 370,391
OPERATING LOSS (6,660,830) (370,391)
OTHER INCOME (EXPENSE)    
Interest expense (net) (710,162) (179,948)
Other income 1,049
Gain in derecognition of derivative liabilities 512,363
Change in fair value of Class B Units (851,231)
Change in fair value of derivative and finance charges related to derivative liability 5,476,000
Total Other Income (Expense) (1,560,344) 5,808,415
NET LOSS $ (8,221,174) $ 5,438,024
BASIC NET INCOME/(LOSS) PER COMMON SHARE $ (0.23) $ 0.15
DILUTED NET INCOME PER COMMON SHARE $ (0.23) $ 0.08
BASIC WEIGHTED AVERAGE SHARES OUTSTANDING 36,096,794 35,183,117
DILUTED WEIGHTED-AVERAGE SHARES OUTSTANDING 36,096,794 64,077,486