Guided Therapeutics (GTHP) 10-Q 14 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 11, 2024
Cover [Abstract]
Entity Registrant Name	GUIDED THERAPEUTICS, INC.
Entity Central Index Key	0000924515
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Sep. 30, 2024
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Entity Common Stock Shares Outstanding		61,015,237
Entity File Number	000-22179
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	58-2029543
Entity Address Address Line 1	5835 Peachtree Corners East
Entity Address Address Line 2	Suite B
Entity Address City Or Town	Peachtree Corners
Entity Address State Or Province	GA
Entity Address Postal Zip Code	30092
City Area Code	770
Local Phone Number	242-8723
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 194	$ 591
Trade receivables, net of allowance for doubtful accounts of nil and $2 at September 30, 2024 and December 31, 2023, respectively.	2	7
Inventory, net of reserves of $818 at September 30, 2024 and December 31, 2023	636	632
Other current assets	211	163
Total current assets	1,043	1,393
Non-Current Assets:
Property and equipment, net	25	32
Operating lease right-of-use assets, net of amortization	164	227
Other assets	17	17
Total non-current assets	206	276
TOTAL ASSETS	1,249	1,669
Current Liabilities:
Accounts payable	2,100	1,991
Accounts payable, related parties	32	32
Accrued liabilities	923	1,068
Deferred revenue	748	424
Current portion of lease liability	102	91
Short-term notes payable due to related parties	68	0
Current portion of long-term debt, related parties	525	39
Short-term notes payable	228	59
Short-term convertible debt	149	1,105
Short-term convertible debt in default	1,130	0
Derivative liability at fair value	20	0
Total current liabilities	6,025	4,809
Long-Term Liabilities, Net of Current Portion
Long-term lease liability	76	155
Long-term notes payable	53	0
Long-term debt, related parties	13	511
Total long-term liabilities	142	666
Total liabilities	6,167	5,475
STOCKHOLDERS' DEFICIT:
Common stock, $.001 par value; 500,000 shares authorized, 60,457 and 54,105 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively.	3,446	3,441
Additional paid-in capital	141,757	140,983
Treasury stock at cost	(132)	(132)
Accumulated deficit	(153,009)	(151,118)
Total stockholders' deficit	(4,918)	(3,806)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	1,249	1,669
Series C Convertible Preferred Shares [Member]
STOCKHOLDERS' DEFICIT:
Preferred stock, value	105	105
Series C1 Convertible Preferred Shares [Member]
STOCKHOLDERS' DEFICIT:
Preferred stock, value	170	170
Series C2 Convertible Preferred Shares [Member]
STOCKHOLDERS' DEFICIT:
Preferred stock, value	439	439
Series F-2 Convertible Preferred Shares [Member]
STOCKHOLDERS' DEFICIT:
Preferred stock, value	475	475
Series D Convertible Preferred Shares
STOCKHOLDERS' DEFICIT:
Preferred stock, value	159	159
Series E Convertible Preferred Shares
STOCKHOLDERS' DEFICIT:
Preferred stock, value	834	834
Series F Convertible Preferred Shares
STOCKHOLDERS' DEFICIT:
Preferred stock, value	$ 838	$ 838

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Accounts receivable, net of allowance	$ 0	$ 2,000
Inventory, net of reserves	$ 818,000	$ 818,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	500,000,000	500,000,000
Common stock, issued	60,457,000	54,105,000
Common stock, outstanding	60,457,000	54,105,000
Series C Convertible Preferred Shares [Member]
Common stock, par value	$ 0.001	$ 0.001
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	9,000	9,000
Preferred stock, liquidation preference	$ 286,000	$ 286,000
Preferred stock, issued	300	300
Preferred stock, outstanding	300	300
Series F-2 Convertible Preferred Shares [Member]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	5,000	5,000
Preferred stock, liquidation preference	$ 520,000	$ 520,000
Preferred stock, issued	500	500
Preferred stock, outstanding	500	500
Series D Convertible Preferred Shares
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	6,000	6,000
Preferred stock, liquidation preference	$ 438,000	$ 438,000
Preferred stock, issued	400	400
Preferred stock, outstanding	400	400
Series E Convertible Preferred Shares
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	5,000	5,000
Preferred stock, liquidation preference	$ 883,000	$ 883,000
Preferred stock, issued	900	900
Preferred stock, outstanding	900	900
Series F Convertible Preferred Shares
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	1,500	1,500
Preferred stock, liquidation preference	$ 1,006,000	$ 1,006,000
Preferred stock, issued	1,100	1,100
Preferred stock, outstanding	1,100	1,100
Series C-1 Convertible Preferred Shares
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	20,300	20,300
Preferred stock, liquidation preference	$ 1,049,000	$ 1,049,000
Preferred stock, issued	1,000	1,000
Preferred stock, outstanding	1,000	1,000
Series C-2 Convertible Preferred Shares
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, authorized	5,000,000	5,000,000
Preferred stock, liquidation preference	$ 2,700,000	$ 2,700,000
Preferred stock, issued	2,700	2,700
Preferred stock, outstanding	2,700	2,700

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)
Sales - devices and disposables	$ 0	$ 0	$ 6	$ 66
Cost of goods sold	0	4	2	46
Gross profit	0	(4)	4	20
Operating expenses:
Research and development	111	69	386	142
Sales and marketing	76	69	218	203
General and administrative	374	481	974	2,647
Total operating expenses	561	619	1,578	2,992
Loss from operations	(561)	(623)	(1,574)	(2,972)
Other income (expenses):
Interest expense	(108)	(71)	(247)	(206)
Interest income	0	0	3	0
Change in fair value of derivative liability	(1)	0	(8)	5
Gain from extinguishment of debt	16	17	49	69
Other income	0	0	12	1
Total other income (expense)	(93)	(54)	(191)	(131)
Loss before income taxes	(654)	(677)	(1,765)	(3,103)
Provision for income taxes	0	0	0	0
Net loss	(654)	(677)	(1,765)	(3,103)
Deemed dividend for warrant exchanges	0	0	0	(65)
Preferred stock dividends	(38)	(40)	(126)	(122)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ (692)	$ (717)	$ (1,891)	$ (3,290)
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS
Basic	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.07)
Diluted	$ (0.01)	$ (0.01)	$ (0.03)	$ (0.07)
Weighted average shares outstanding
Weighted average shares outstanding - Basic	57,039	51,473	55,929	50,588
Weighted average shares outstanding - Diluted	57,039	51,473	55,929	50,588

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS DEFICIT (unaudited) - USD ($) shares in Thousands	Total	Preferred Stock Series C [Member]	Preferred Stock Series C1 [Member]	Preferred Stock Series C2 [Member]	Preferred Stock Series D [Member]	Preferred Stock Series E [Member]	Preferred Stock Series F [Member]	Preferred Stock Series F2 [Member]	Common Stock	Additional Paid-In Capital	Retained Earnings (Accumulated Deficit)	Treasury Stock
Balance, shares at Dec. 31, 2022			1	2	1	1	1	3	48,596
Balance, amount at Dec. 31, 2022	$ (2,883,000)	$ 105,000	$ 170,000	$ 439,000	$ 159,000	$ 839,000	$ 880,000	$ 489,000	$ 3,437,000	$ 138,090,000	$ (147,359,000)	$ (132,000)
Common stock warrants exercised, shares									1,120
Common stock warrants exercised, amount	231,000	0	0	0	0	0	0	0	$ 1,000	230,000	0	0
Issuance of common stock for payment of Series D preferred dividends, shares									97
Issuance of common stock for payment of Series D preferred dividends, amount	22,000	0	0	0	0	0	0	0	$ 0	22,000	0	0
Issuance of common stock for payment of Series E preferred dividends, shares									379
Issuance of common stock for payment of Series E preferred dividends, amount	61,000	0	0	0	0	0	0	0	$ 0	61,000	0	0
Issuance of common stock for payment of Series F preferred dividends, shares									233
Issuance of common stock for payment of Series F preferred dividends, amount	53,000	0	0	0	0	0	0	0	$ 0	53,000	0	0
Issuance of common stock for payment of Series F-2 preferred dividends, shares									121
Issuance of common stock for payment of Series F-2 preferred dividends, amount	29,000	0	0	0	0	0	0	0	$ 0	29,000	0	0
Conversion of Series E preferred stock to common stock, shares									20
Conversion of Series E preferred stock to common stock, amount	0	0	0	0	0	(5,000)	0	0	$ 0	5,000	0	0
Conversion of Series F preferred stock to common stock, shares									200
Conversion of Series F preferred stock to common stock, amount	0	0	0	0	0	0	(42,000)	0	$ 0	42,000	0	0
Conversion of Series F-2 preferred stock to common stock, shares									60
Conversion of Series F-2 preferred stock to common stock, amount	0	0	0	0	0	0	0	(14,000)	$ 0	14,000	0	0
Issuance of common stock for payment of interest, shares									418
Issuance of common stock for payment of interest, amount	119,000	0	0	0	0	0	0	0	$ 0	119,000	0	0
Settlement of previously accrued professional fees through common stock issuance, shares									800
Settlement of previously accrued professional fees through common stock issuance, amount	168,000	0	0	0	0	0	0	0	$ 1,000	167,000	0	0
Stock-based compensation	1,776,000	0	0	0	0	0	0	0	0	1,776,000	0	0
Impact of warrant exchanges	0	0	0	0	0	0	0	0	0	65,000	(65,000)	0
Accrued preferred dividends	(123,000)	0	0	0	0	0	0	0	0	(1,000)	(122,000)	0
Net loss	(3,103,000)	0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	0	(3,103,000)	0
Balance, shares at Sep. 30, 2023			1	2	1	1	1	3	52,042
Balance, amount at Sep. 30, 2023	(3,650,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	$ 475,000	$ 3,439,000	140,672,000	(150,649,000)	(132,000)
Balance, shares at Jun. 30, 2023			1	2	1	1	1	3	51,011
Balance, amount at Jun. 30, 2023	(3,315,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	$ 475,000	$ 3,438,000	140,291,000	(149,932,000)	(132,000)
Issuance of common stock for payment of Series D preferred dividends, shares									38
Issuance of common stock for payment of Series D preferred dividends, amount	8,000	0	0	0	0	0	0	0	$ 0	8,000	0	0
Issuance of common stock for payment of Series E preferred dividends, shares									353
Issuance of common stock for payment of Series E preferred dividends, amount	53,000	0	0	0	0	0	0	0	$ 0	53,000	0	0
Issuance of common stock for payment of interest, shares									240
Issuance of common stock for payment of interest, amount	60,000	0	0	0	0	0	0	0	$ 0	60,000	0	0
Settlement of previously accrued professional fees through common stock issuance, shares									400
Settlement of previously accrued professional fees through common stock issuance, amount	51,000	0	0	0	0	0	0	0	$ 1,000	50,000	0	0
Stock-based compensation	210,000	0	0	0	0	0	0	0	0	210,000	0	0
Accrued preferred dividends	(40,000)	0	0	0	0	0	0	0	0	0	(40,000)	0
Net loss	(677,000)	0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	0	(677,000)	0
Balance, shares at Sep. 30, 2023			1	2	1	1	1	3	52,042
Balance, amount at Sep. 30, 2023	(3,650,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	$ 475,000	$ 3,439,000	140,672,000	(150,649,000)	(132,000)
Balance, shares at Dec. 31, 2023			1	2	1	1	1		54,105
Balance, amount at Dec. 31, 2023	(3,806,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	475,000	$ 3,441,000	140,983,000	(151,118,000)	(132,000)
Issuance of common stock for payment of Series D preferred dividends, shares									196
Issuance of common stock for payment of Series D preferred dividends, amount	24,000	0	0	0	0	0	0	0	$ 0	24,000	0	0
Issuance of common stock for payment of Series E preferred dividends, shares									625
Issuance of common stock for payment of Series E preferred dividends, amount	63,000	0	0	0	0	0	0	0	$ 1,000	62,000	0	0
Issuance of common stock for payment of Series F preferred dividends, shares									445
Issuance of common stock for payment of Series F preferred dividends, amount	54,000	0	0	0	0	0	0	0	$ 0	54,000	0	0
Issuance of common stock for payment of Series F-2 preferred dividends, shares									236
Issuance of common stock for payment of Series F-2 preferred dividends, amount	27,000	0	0	0	0	0	0	0	$ 0	27,000	0	0
Issuance of common stock for payment of interest, shares									1,117
Issuance of common stock for payment of interest, amount	126,000	0	0	0	0	0	0	0	$ 1,000	125,000	0	0
Settlement of previously accrued professional fees through common stock issuance, shares									400
Settlement of previously accrued professional fees through common stock issuance, amount	57,000	0	0	0	0	0	0	0	$ 0	57,000	0	0
Stock-based compensation	101,000	0	0	0	0	0	0	0	0	101,000	0	0
Accrued preferred dividends	(126,000)	0	0	0	0	0	0	0	0	0	(126,000)	0
Net loss	(1,765,000)	0	0	0	0	0	0	0	$ 0	0	(1,765,000)	0
Issuance of common stock and warrants in private placement offering, net of expenses, shares									3,333
Issuance of common stock and warrants in private placement offering, net of expenses, amount	300,000	0	0	0	0	0	0	0	$ 3,000	297,000	0	0
Issuance of warrants with debt	27,000	0	$ 0	$ 0	$ 0	$ 0	$ 0	0	$ 0	27,000	0	0
Balance, shares at Sep. 30, 2024			1	2	1	1	1		60,457
Balance, amount at Sep. 30, 2024	(4,918,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	475,000	$ 3,446,000	141,757,000	(153,009,000)	(132,000)
Balance, shares at Jun. 30, 2024			1	2	1	1	1		56,267
Balance, amount at Jun. 30, 2024	(4,667,000)	105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	475,000	$ 3,442,000	141,320,000	(152,317,000)	(132,000)
Issuance of common stock for payment of Series D preferred dividends, shares									71
Issuance of common stock for payment of Series D preferred dividends, amount	9,000	0	0	0	0	0	0	0	$ 0	9,000	0	0
Issuance of common stock for payment of Series E preferred dividends, shares									573
Issuance of common stock for payment of Series E preferred dividends, amount	55,000	0	0	0	0	0	0	0	$ 1,000	54,000	0	0
Issuance of common stock for payment of interest, shares									213
Issuance of common stock for payment of interest, amount	21,000	0	0	0	0	0	0	0	$ 0	21,000	0	0
Stock-based compensation	41,000	0	0	0	0	0	0	0	0	41,000	0	0
Accrued preferred dividends	(38,000)	0	0	0	0	0	0	0	0	0	(38,000)	0
Net loss	(654,000)	0	0	0	0	0	0	0	$ 0	0	(654,000)	0
Issuance of common stock and warrants in private placement offering, net of expenses, shares									3,333
Issuance of common stock and warrants in private placement offering, net of expenses, amount	300,000	0	0	0	0	0	0	0	$ 3,000	297,000	0	0
Issuance of warrants with debt	15,000	0	$ 0	$ 0	$ 0	$ 0	$ 0	0	$ 0	15,000	0	0
Balance, shares at Sep. 30, 2024			1	2	1	1	1		60,457
Balance, amount at Sep. 30, 2024	$ (4,918,000)	$ 105,000	$ 170,000	$ 439,000	$ 159,000	$ 834,000	$ 838,000	$ 475,000	$ 3,446,000	$ 141,757,000	$ (153,009,000)	$ (132,000)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,765)	$ (3,103)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt expense	1	2
Depreciation	7	7
Amortization of debt issuance costs and discounts	72	97
Stock-based compensation	133	1,860
Change in fair value of derivative liability	8	(5)
Amortization of lease right-of-use-asset	64	56
Gain from forgiveness of debt	(49)	(69)
Other non-cash expenses	14	20
Change in operating assets and liabilities:
Accounts receivable	4	(3)
Inventory	(4)	(99)
Other current assets	82	74
Accounts payable and accrued liabilities	389	(130)
Lease liabilities	(67)	(58)
Deferred revenue	324	(59)
NET CASH USED IN OPERATING ACTIVITIES	(787)	(1,410)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from the issuance of notes payable	312	0
Proceeds from the issuance of notes payable issued to related parties	75	0
Payments made on notes payable	(239)	(367)
Payments made on notes payable issued to related parties	(29)	0
Payments of debt issuance costs	(29)	0
Proceeds from issuance of common stock, net of costs	300	0
Proceeds from warrant exercises	0	195
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	390	(172)
NET CHANGE IN CASH	(397)	(1,582)
Cash at beginning of period	591	2,313
CASH AT END OF PERIOD	194	731
SUPPLEMENTAL DISCLOSURE FOR OPERATING ACTIVITIES:
Cash paid for interest	25	97
SUPPLEMENTAL DISCLOSURE FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:
Dividends on preferred stock	126	122
Deemed dividends for warrant exchanges	0	65
Warrants issued with debt	27	0
Fair value of beneficial conversion features	12	0
Settlement of interest through common stock issuance	126	119
Settlement of dividends through common stock issuance	168	166
Settlement of previously accrued professional fees through common stock issuance	57	167
Accrued payroll liability exchanged for promissory note	87	0
Directors and Officers Insurance obtained with Financing	130	119
Conversion of Series E preferred shares into common stock	0	5
Conversion of Series F preferred shares into common stock	0	42
Conversion of Series F-2 preferred shares into common stock	$ 0	$ 14

ORGANIZATION BACKGROUND AND BAS

ORGANIZATION BACKGROUND AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2024
ORGANIZATION BACKGROUND AND BASIS OF PRESENTATION
ORGANIZATION, BACKGROUND, AND BASIS OF PRESENTATION	1. ORGANIZATION, BACKGROUND, AND BASIS OF PRESENTATION Guided Therapeutics, Inc. (formerly SpectRx, Inc.), together with its wholly owned subsidiary, InterScan, Inc. (formerly Guided Therapeutics, Inc.), collectively referred to herein as the “Company”, is a medical technology company focused on developing innovative medical devices that have the potential to improve healthcare. The Company’s primary focus is the continued commercialization of its LuViva non-invasive cervical cancer detection device and extension of its cancer detection technology into other cancers, including esophageal. The Company’s technology, including products in research and development, primarily relates to biophotonics technology for the non-invasive detection of cancers. Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. Therefore, these financial statements should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 filed with the Securities and Exchange Commission (“SEC”) pursuant to Section 13 or 15(d) under the Securities Exchange Act of 1934. The December 31, 2023 balances reported herein are derived from the audited consolidated financial statements for the year ended December 31, 2023. The results of operations for the interim periods are not necessarily indicative of the results of operations to be expected for the full year. All intercompany transactions and balances have been eliminated in consolidation. In the opinion of management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation of the Company as of September 30, 2024 and December 31, 2023, and the consolidated results of operations and cash flows for the three and nine-month periods ended September 30, 2024 and 2023 have been included. The Company’s prospects must be considered in light of the substantial risks, expenses and difficulties encountered by entrants into the medical device industry. This industry is characterized by an increasing number of participants, intense competition and a high failure rate. The Company has experienced net losses since its inception and, as of September 30, 2024, it had an accumulated deficit of approximately $153.0 million. To date, the Company has engaged primarily in research and development efforts and the early stages of marketing its products. The Company may not be successful in growing sales for its products. Moreover, required regulatory clearances or approvals may not be obtained in a timely manner, or at all. The Company’s products may not ever gain market acceptance and the Company may not ever generate significant revenues or achieve profitability. The development and commercialization of the Company’s products requires substantial development, regulatory, sales and marketing, manufacturing and other expenditures. The Company expects operating losses to continue for the foreseeable future as it continues to expend substantial resources to complete development of its products, obtain regulatory clearances or approvals, build its marketing, sales, manufacturing and finance capabilities, and conduct further research and development. The Company is not organized by multiple operating segments for the purpose of making operating decisions or assessing performance. Accordingly, the Company operates in one reportable operating segment. The Company’s principal decision maker is the Chief Executive Officer and acting Chief Financial Officer. Management believes that its business operates as one reportable segment because: a) the Company measures profit and loss as a whole; b) the principal decision makers do not review information based on any operating segment; c) the Company does not maintain discrete financial information on any specific segment; d) the Company has not chosen to organize its business around different products and services, and e) the Company has not chosen to organize its business around geographic areas. Going Concern The Company’s consolidated financial statements have been prepared and presented on a basis assuming it will continue as a going concern. The factors below raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might be necessary from the outcome of this uncertainty. At September 30, 2024, the Company had a negative working capital of approximately $5.0 million, accumulated deficit of $153.0 million, and incurred a net loss including preferred dividends of $1.9 million for the nine months then ended. Stockholders’ deficit totaled approximately $4.9 million at September 30, 2024, primarily due to recurring net losses from operations. During the year ended December 31, 2023, the Company received $0.4 million of proceeds from warrant exercises. During the nine months ended September 30, 2024, the Company received $0.4 million of proceeds from the issuance of promissory notes payable and $0.3 million of proceeds from the sale of common stock. The Company will need to continue to raise capital in order to provide funding for its operations and FDA/NMPA approval process. If sufficient capital cannot be raised, the Company will continue its plans of curtailing operations by reducing discretionary spending and staffing levels and attempting to operate by only pursuing activities for which it has external financial support. However, there can be no assurance that such external financial support will be sufficient to maintain even limited operations or that the Company will be able to raise additional funds on acceptable terms, or at all. In such a case, the Company might be required to enter into unfavorable agreements or, if that is not possible, be unable to continue operations, and to the extent practicable, liquidate and/or file for bankruptcy protection. Reclassifications Certain prior period amounts have been reclassified to conform to the current period presentation. These reclassifications did not affect net loss, revenues and stockholders’ equity.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES	2. SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant areas where estimates are used include the inventory valuation, valuation of share-based compensation and the valuation of the convertible note payable derivative liability. Management bases its estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates, and such differences could be material to the Company’s financial statements. Accounting Standard Updates A variety of proposed or otherwise potential accounting standards are currently under consideration by standard-setting organizations and certain regulatory agencies. Because of the tentative and preliminary nature of such proposed standards, management has not yet determined the effect, if any, that the implementation of such proposed standards would have on the Company’s consolidated financial statements. Cash Equivalents The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be a cash equivalent. Concentrations of Credit Risk The Company maintains a cash balance in a financial institution that is insured by the Federal Deposit Insurance Corporation up to certain federal limitations. At times, the Company’s cash balance exceeds these federal limitations. The amount in excess of insured limitations was nil and $156,112 as of September 30, 2024 and December 31, 2023, respectively. Trade Receivables Trade receivables are recorded net of allowances for chargebacks, cash discounts for prompt payment and credit losses. The Company estimates an allowance for expected credit losses by considering factors such as historical experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. The corresponding expense for the credit loss allowance is reflected in selling, general and administrative expenses. The credit loss allowance was immaterial as of September 30, 2024 and December 31, 2023. Inventory Valuation All inventories are stated at the lower of cost or net realizable value, with cost determined substantially on a “first-in, first-out” basis. Selling, general, and administrative expenses are not inventoried, but are charged to expense when incurred. Inventories consisted of the following as of September 30, 2024 and December 31, 2023: (in thousands) September 30, December 31, 2024 2023 Raw materials $ 1,364 $ 1,360 Work-in-progress 46 46 Finished goods 44 44 Inventory reserve (818 ) (818 ) Total inventory $ 636 $ 632 The company periodically reviews the value of items in inventory and provides write-downs or write-offs of inventory based on its assessment of market conditions. Write-downs and write-offs are charged to cost of goods sold. Property and Equipment Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over estimated useful lives of three to seven years. Depreciation and amortization expense are included in general and administrative expense on the statements of operations. Expenditures for repairs and maintenance are expensed as incurred. Property and equipment consisted of the following as of September 30, 2024 and December 31, 2023: (in thousands) September 30, December 31, 2024 2023 Equipment $ 951 $ 951 Software 634 634 Furniture and fixtures 17 17 Leasehold improvements 12 12 Subtotal 1,614 1,614 Less accumulated depreciation (1,589 ) (1,582 ) Property, equipment and leasehold improvements, net $ 25 $ 32 Depreciation expense related to property and equipment for the three and nine months ended September 30, 2024 and 2023 was not material. Debt Issuance Costs Debt issuance costs are capitalized and amortized over the term of the associated debt. Debt issuance costs are presented in the balance sheet as a direct deduction from the carrying amount of the debt liability consistent with the debt discount. Patent Costs (Principally Legal Fees) Costs incurred in filing, prosecuting, and maintaining patents are recurring, and expensed as incurred. Maintaining patents are expensed as incurred as the Company has not yet received U.S. FDA approval and recovery of these costs is uncertain. Such costs were not material for the three and nine months ended September 30, 2024 and 2023. Leases A lease provides the lessee the right to control the use of an identified asset for a period of time in exchange for consideration. Right-of-use assets represent the Company’s right to use an underlying asset for the lease term and operating lease liabilities represent the Company’s obligation to make lease payments arising from the lease. The Company determines if an arrangement is a lease at inception. Right-of-use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. Where an operating lease contains extension options that the Company is reasonably certain to exercise, the extension period is included in the calculation of the right-of-use assets and lease liabilities. The discount rate used to determine the commencement date present value of lease payments is the interest rate implicit in the lease, or when that is not readily determinable, the Company utilizes its secured borrowing rate. Right-of-use assets include any lease payments required to be made prior to commencement and exclude lease incentives. Both right-of-use assets and lease liabilities exclude variable payments not based on an index or rate, which are treated as period costs. The Company’s lease agreements do not contain significant residual value guarantees, restrictions or covenants. See Note 6 – “ Commitments and Contingencies.” Accrued Liabilities Accrued liabilities as of September 30, 2024 and December 31, 2023 are summarized as follows: (in thousands) September 30, 2024 December 31, 2023 Compensation $ 383 $ 401 Professional fees 126 216 Interest 188 188 Vacation 31 27 Preferred dividends 188 228 Other accrued expenses 7 8 Total $ 923 $ 1,068 Stock Subscription Payable Cash received from investors for shares of common stock that have not yet been issued is recorded as a liability, which is presented within Accrued Liabilities on the consolidated balance sheet. Revenue Recognition ASC 606, Revenue from Contracts with Customers, establishes a single and comprehensive framework which sets out how much revenue is to be recognized, and when. The core principle is that a vendor should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the vendor expects to be entitled in exchange for those goods or services. Revenue will now be recognized by a vendor when control over the goods or services is transferred to the customer. The application of the core principle in ASC 606 is carried out in five steps: · Step 1 – Identify the contract with a customer: a contract is defined as an agreement (including oral and implied), between two or more parties, that creates enforceable rights and obligations and sets out the criteria for each of those rights and obligations. The contract needs to have commercial substance and it must be probable that the entity will collect the consideration to which it will be entitled. · Step 2 – Identify the performance obligations in the contract: a performance obligation in a contract is a promise (including implicit) to transfer a good or service to the customer. Each performance obligation should be capable of being distinct and is separately identifiable in the contract. · Step 3 – Determine the transaction price: transaction price is the amount of consideration that the entity can be entitled to, in exchange for transferring the promised goods and services to a customer, excluding amounts collected on behalf of third parties. · Step 4 – Allocate the transaction price to the performance obligations in the contract: for a contract that has more than one performance obligation, the entity will allocate the transaction price to each performance obligation separately, in exchange for satisfying each performance obligation. The acceptable methods of allocating the transaction price include adjusted market assessment approach, expected cost plus a margin approach, and the residual approach in limited circumstances. Discounts given should be allocated proportionately to all performance obligations unless certain criteria are met and reallocation of changes in standalone selling prices after inception is not permitted. · Step 5 – Recognize revenue as and when the entity satisfies a performance obligation: the entity should recognize revenue at a point in time, except if it meets any of the three criteria, which will require recognition of revenue over time: the entity’s performance creates or enhances an asset controlled by the customer, the customer simultaneously receives and consumes the benefit of the entity’s performance as the entity performs, and the entity does not create an asset that has an alternative use to the entity and the entity has the right to be paid for performance to date. The Company’s revenues do not require significant estimates or judgments and are recognized when control of the promised goods or services is transferred to the Company’s customers, which occurs at a point in time, most frequently upon shipment of the product or receipt of the product, depending on shipment terms. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company does not offer returns, discounts, loyalty programs or other sales incentive programs that are material to revenue recognition. The Company is not party to contracts that include multiple performance obligations or material variable consideration. Contract Balances The Company defers payments received as revenue until earned based on the related contracts and applying ASC 606 as required. Deferred revenue totaled $747,780, $424,225, and $509,101 as of September 30, 2024, December 31, 2023 and December 31, 2022, respectively. Significant Customers As of September 30, 2024, trade receivables of $2,047 (net of the allowance for credit losses of $450) were attributed to one customer. As of December 31, 2023, accounts receivable of $7,442 (net of the allowance for credit losses of $1,500) were attributed to two customers. Research and Development Research and development expenses consist of expenditures for research conducted by the Company and payments made under contracts with consultants or other outside parties and costs associated with internal and contracted clinical trials. All research and development costs are expensed as incurred. Income Taxes The provision for income taxes is determined in accordance with ASC 740, “ Income Taxes The Company has filed its 2023 federal and state corporate tax returns. Although the Company has been experiencing recurring losses, it is obligated to file tax returns for compliance with IRS regulations and that of applicable state jurisdictions. At September 30, 2024, the Company had approximately $66.4 million of net operating losses carryforward available, $3.8 million of which will expire on December 31, 2024. The remaining net operating loss will be eligible to be carried forward for tax purposes at federal and applicable states level. A full valuation allowance has been recorded related to the deferred tax assets generated from the net operating losses. The Company recognizes uncertain tax positions based on a benefit recognition model. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50.0% likely of being ultimately realized upon settlement. The tax position is derecognized when it is no longer more likely than not of being sustained. The Company classifies income tax related interest and penalties as interest expense and selling, general and administrative expense, respectively, on the consolidated statements of operations. Warrants The Company has issued warrants, which allow the warrant holder to purchase one share of stock at a specified price for a specified period of time. The Company records equity instruments including warrants based on the fair value at the date of issue. The fair value of warrants classified as equity instruments at the date of issuance is estimated using the Black-Scholes or binomial option pricing models. Stock Based Compensation The Company accounts for its stock-based awards in accordance with ASC Subtopic 718, “ Compensation – Stock Compensation The Black-Scholes option pricing model requires the input of certain assumptions that require the Company’s judgment, including the expected term and the expected stock price volatility of the underlying stock. The assumptions used in calculating the fair value of stock-based compensation represent management’s best estimates, but these estimates involve inherent uncertainties and the application of judgment. As a result, if factors change resulting in the use of different assumptions, stock-based compensation expense could be materially different in the future. During the nine months ended September 30, 2024, the Company recognized $60,860 of expense for stock options and $41,242 of expense for warrants issued to a director. Additionally, during the nine months ended September 30, 2024, the Company accrued $30,889 of expense for common stock owed to a director, pursuant to his consulting agreement. During the nine months ended September 30, 2023, the Company recognized $221,143 of expense related to stock options, $9,333 of expense for stock issued to consultants and executives and $1,546,089 of expense for warrants issued to consultants and executives. Additionally, during the nine months ended September 30, 2023, the Company accrued $83,301 of expense for common stock owed to a director, pursuant to his consulting agreement. Derivatives The Company reviews the terms of convertible debt issued to determine whether there are embedded derivative instruments, including embedded conversion options, which are required to be bifurcated and accounted for separately as derivative financial instruments. In circumstances where the host instrument contains more than one embedded derivative instrument, including the conversion option, which is required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. Bifurcated embedded derivatives are initially recorded at fair value and are then revalued at each reporting date with changes in the fair value reported as non-operating income or expense. When the equity or convertible debt instruments contain embedded derivative instruments that are to be bifurcated and accounted for as liabilities, the total proceeds received are first allocated to the fair value of all the bifurcated derivative instruments. The remaining proceeds, if any, are then allocated to the host instruments themselves, usually resulting in those instruments being recorded at a discount from their face value. The discount from the face value of the convertible debt, together with the stated interest on the instrument, is amortized over the life of the instrument through periodic charges to interest expense. Fair Value Measurements ASC 820, “ Fair Value Measurements and Disclosures,” · Level 1: · Level 2: · Level 3: An asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities measured at fair value are based on one or more of the following three valuation techniques noted in ASC 820: · Market approach: · Cost approach: · Income approach: The Company believes its valuation methods are appropriate and consistent with other market participants, however the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

STOCKHOLDERS DEFICIT

STOCKHOLDERS DEFICIT	9 Months Ended
	Sep. 30, 2024
STOCKHOLDERS' DEFICIT:
STOCKHOLDERS' DEFICIT	3. STOCKHOLDERS’ DEFICIT September Private Placement Offering On September 23, 2024, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain institutional investors, including John Imhoff a member of the Company’s Board of Directors, for the purpose of raising $300,000 in gross proceeds for the Company. Pursuant to the terms of the Purchase Agreement, the Company agreed to sell, in a private placement offering, an aggregate of 3,333,335 units, each unit consisting of one share of common stock and one warrant to purchase up to 3,333,335 shares of common stock (the “Warrants”). The purchase price per unit was $0.09. The Warrants were immediately exercisable upon issuance, expire four years following the issuance date and have an exercise price of $0.12 per share. Common Stock The Company has authorized 500,000,000 shares of common stock with $0.001 par value. As of September 30, 2024 and December 31, 2023, 60,456,884 and 54,105,101 shares of common stock were issued and outstanding, respectively. During the nine months ended September 30, 2024, the Company issued 6,351,783 shares of common stock, as summarized below: Number of Shares Issuance of common stock in private placement offering 3,333,335 Issuance of common stock for payment of Series D preferred dividends 196,063 Issuance of common stock for payment of Series E preferred dividends 625,511 Issuance of common stock for payment of Series F preferred dividends 444,621 Issuance of common stock for payment of Series F-2 preferred dividends 235,544 Issuance of common stock for payment of interest 1,116,709 Issuance of common stock to consultants 400,000 Total common stock issued during the nine months ended September 30, 2024 6,351,783 Summary table of common stock transactions: Shares outstanding at December 31, 2023 54,105,101 Common shares issued during the nine months ended September 30, 2024 6,351,783 Shares outstanding at September 30, 2024 60,456,884 Preferred Stock The Company has authorized 5,000,000 shares of preferred stock with a $0.001 par value. The board of directors has the authority to issue these shares and to set dividends, voting and conversion rights, redemption provisions, liquidation preferences, and other rights and restrictions. Series C Convertible Preferred Stock The board designated 9,000 shares of preferred stock as Series C Convertible Preferred Stock, (the “Series C Preferred Stock”). Pursuant to the Series C certificate of designations, shares of Series C Preferred Stock are convertible into common stock by their holder at any time and may be mandatorily convertible upon the achievement of specified average trading prices for the Company’s common stock. At September 30, 2024 and December 31, 2023, there were 286 shares outstanding with a conversion price of $0.50 per share, such that each share of Series C Preferred Stock would convert into approximately 2,000 shares of the Company’s common stock for a total of 572,000 shares, subject to customary adjustments, including for any accrued but unpaid dividends and pursuant to certain anti-dilution provisions, as set forth in the Series C certificate of designations. The conversion price will automatically adjust downward to 80% of the then-current market price of the Company’s common stock 15 trading days after any reverse stock split of the Company’s common stock, and 5 trading days after any conversions of the Company’s outstanding convertible debt. Holders of the Series C Preferred Stock are entitled to quarterly cumulative dividends at an annual rate of 12.0% until 42 months after the original issuance date (the “Dividend End Date”), payable in cash or, subject to certain conditions, the Company’s common stock. Unpaid accrued dividends were $120,120 as of September 30, 2024 and December 31, 2023. Upon conversion of the Series C Preferred Stock prior to the Dividend End Date, the Company will also pay to the converting holder a “make-whole payment” equal to the number of unpaid dividends through the Dividend End Date on the converted shares. At September 30, 2024 and December 31, 2023, the “make-whole payment” for a converted share of Series C Preferred Stock would convert to 200 shares of the Company’s common stock. The Series C Preferred Stock generally has no voting rights except as required by Delaware law. Upon the Company’s liquidation or sale to or merger with another corporation, each share will be entitled to a liquidation preference of $1,000, plus any accrued but unpaid dividends. Series C1 Convertible Preferred Stock The board designated 20,250 shares of preferred stock as Series C1 Preferred Stock, of which 1,049.25 shares were issued and outstanding at September 30, 2024 and December 31, 2023. The C1 Convertible Preferred Stock has a conversion price of $0.50 per share, such that each share would convert into approximately 2,000 shares of the Company’s common stock, for a total of 2,098,500 shares of common stock. The Series C1 Preferred Stock has terms that are substantially the same as the Series C Preferred Stock, except that the Series C1 Preferred Stock does not pay dividends (unless and to the extent declared on the common stock) or at-the-market “make-whole payments” and, while it has the same anti-dilution protections afforded the Series C Preferred Stock, it does not automatically reset in connection with a reverse stock split or conversion of our outstanding convertible debt. Series C2 Convertible Preferred Stock On August 31, 2018, the Company entered into agreements with certain holders of the Company’s Series C1 Convertible Preferred Stock, including the chairman of the Company’s board of directors, the former Chief Operating Officer (now the Chief Executive Officer) and a director of the Company pursuant to which those holders separately agreed to exchange each share of the Series C1 Preferred Stock held for one (1) share of the Company’s newly created Series C2 Convertible Preferred Stock. In total, for 3,262.25 shares of Series C1 Convertible Preferred Stock to be surrendered, the Company issued 3,262.25 shares of Series C2 Convertible Preferred Stock. At September 30, 2024 and December 31, 2023, there were 2,700 shares outstanding, each with a conversion price of $0.50 per share, such that each share of Series C2 preferred stock would convert into approximately 2,000 shares of the Company’s common stock, for a total of 5,400,000 common shares. The terms of the Series C2 Convertible Preferred Stock are substantially the same as the Series C1 shares, except that (i) shares of Series C1 Convertible Preferred Stock were not convertible into the Company’s common stock by their holder for a period of 180 days following the date of the filing of the Certificate of Designation (the “Lock-Up Period”); (ii) the Series C2 Convertible Preferred Stock has the right to vote as a single class with the Company’s common stock on an as-converted basis, notwithstanding the Lock-Up Period; and (iii) the Series C2 Convertible Preferred Stock will automatically convert into that number of securities sold in the next Qualified Financing (as defined in the Exchange Agreement) determined by dividing the stated value ($1,000 per share) of such share of Series C2 Preferred Stock by the purchase price of the securities sold in the Qualified Financing. Series D Convertible Preferred Stock The board designated 6,000 shares of preferred stock as Series D Preferred Stock, 438 of which remained outstanding as of September 30, 2024 and December 31, 2023. On January 8, 2021, the Company entered into a Stock Purchase Agreement with certain accredited investors (“the Series D Investors”) pursuant to all obligations under the Series D Certificate of Designation. The Series D Investors included the Chief Executive Officer, Chief Operating Officer (now the Chief Executive Officer) and a director of the Company. In total, for $763,000 the Company issued 763 shares of Series D Preferred Stock, 1,526,000 shares of common stock, 1,526,000 common stock warrants exercisable at $0.25, and 1,526,000 common stock warrants, exercisable at $0.75. Each Series D Preferred Stock is convertible into 3,000 shares of common stock. The Series D Preferred Stock have cumulative dividends at the rate per share of 10% per annum. Each share of Series D Preferred Stock has a par value of $0.001 per share and a stated value equal to $750. Each share of Series D Preferred is convertible, at any time for a period of 5 years after issuance, into that number of shares of Common Stock, determined by dividing the Stated Value by $0.25, subject to certain adjustments set forth in the Series D Certificate of Designation (the “Series D Conversion Price”). The conversion of Series D Preferred is subject to a 4.99% beneficial ownership limitation, which may be increased to 9.99% at the election of the holder of the Series D Preferred. If the average of the VWAPs (as defined in the Series D Certificate of Designation) for any consecutive 5 trading day period (“Measurement Period”) exceeds 200% of the then Series D Conversion Price and the average daily trading volume of the Common Stock on the primary trading market exceeds 1,000 shares per trading day during the Measurement Period (subject to adjustments), the Company may redeem the then outstanding Series D Preferred, for cash in an amount equal to aggregate Stated Value then outstanding plus accrued but unpaid dividends. During the nine months ended September 30, 2024, the Company issued 196,063 shares of common stock for payment of accrued Series D Preferred Stock dividends. As of September 30, 2024, and December 31, 2023, the Company had accrued dividends for the Series D Preferred Stock of $8,360. Series E Convertible Preferred Stock The Board designated 5,000 shares of preferred stock as Series E Preferred Stock, 883 of which remained outstanding as of September 30, 2024 and December 31, 2023. During year ended December 31, 2020, the Company entered into a Security Agreement with the Series E Investors (the “Series E Security Agreement”) pursuant to which all obligations under the Series E Certificate of Designation are secured by all of the Company’s assets and personal properties, with certain accredited investors. In total, for $1,736,000 the Company issued 1,736 shares of Series E Preferred Stock. Each Series E Preferred Stock is convertible into 4,000 common stock shares. The stated value and liquidation preference on the Series E Preferred Stock is $1,736. Each share of Series E Preferred is convertible, at any time for a period of 5 years after issuance, into that number of shares of Common Stock, determined by dividing the Stated Value by $0.25, subject to certain adjustments set forth in the Series E Certificate of Designation (the “Series E Conversion Price”). The conversion of Series E Preferred is subject to a 4.99% beneficial ownership limitation, which may be increased to 9.99% at the election of the holder of the Series E Preferred. If the average of the VWAPs (as defined in the Series E Certificate of Designation) for any consecutive 5 trading day period (“Measurement Period”) exceeds 200% of the then Series E Conversion Price and the average daily trading volume of the Common Stock on the primary trading market exceeds 1,000 shares per trading day during the Measurement Period (subject to adjustments), the Company may redeem the then outstanding Series E Preferred, for cash in an amount equal to aggregate Stated Value then outstanding plus accrued but unpaid dividends. Each share of Series E Preferred Stock has a par value of $0.001 per share and a stated value equal to $1,000, subject to the increase set forth in its Certificate of Designation. Each holder of Series E Preferred Stock is entitled to receive cumulative dividends of 8% per annum, payable annually in cash or, at the option of the Company, shares of common stock. During the nine months ended September 30, 2024, the Company issued 625,511 shares of common stock for payment of accrued Series E Preferred Stock dividends. As of September 30, 2024 and December 31, 2023, the Company had accrued dividends of $12,612 and $30,272 for the Series E Preferred Stock, respectively. Series F Convertible Preferred Stock The Board designated 1,500 shares of preferred stock as Series F Preferred Stock, 1,006 of which remained outstanding as of September 30, 2024 and December 31, 2023. During 2021, the Company entered into a Stock Purchase Agreement with certain accredited investors (“the Series F Investors”). In total, for $1,436,000 the Company issued 1,436 shares of Series F Preferred Stock. Each Series F Preferred Stock is convertible into 4,000 shares of common stock. The Series F Preferred Stock is entitled to cumulative dividends at the rate per share of 6% per annum. The stated value on the Series F Preferred Stock is $1,000. Each share of Series F Preferred Stock is convertible, at any time for a period of 5 years after issuance, into that number of shares of Common Stock, determined by dividing the Stated Value by $0.25, subject to certain adjustments set forth in the Series F Certificate of Designation (the “Series F Conversion Price”). The conversion of Series F Preferred Stock is subject to a 4.99% beneficial ownership limitation, which may be increased to 9.99% at the election of the holder. If the average of the VWAPs (as defined in the Series F Certificate of Designation) for any consecutive 5 trading day period (“Measurement Period”) exceeds 200% of the then Series F Conversion Price and the average daily trading volume of the Common Stock on the primary trading market exceeds 1,000 shares per trading day during the Measurement Period (subject to adjustments), the Company may redeem the then outstanding Series F Preferred, for cash in an amount equal to aggregate stated value then outstanding plus accrued but unpaid dividends. During the nine months ended September 30, 2024, the Company issued 444,621 shares of common stock for the payment of annual Series F Preferred Stock dividends. As of September 30, 2024 and December 31, 2023, the Company had accrued dividends for Series F preferred shares of $30,851 and $46,108, respectively. Series F-2 Convertible Preferred Stock The Company was oversubscribed for its Series F Preferred Stock, resulting in the requirement to file an additional Certificate of Designation for Series F-2 Preferred Stock with substantially the same terms as the Series F Preferred Stock. The Board designated 3,500 shares of preferred stock as Series F-2 Preferred Stock, 520 of which were issued and outstanding as of September 30, 2024 and December 31, 2023. During 2021, the Company entered into a Stock Purchase Agreement with certain accredited investors. In total, for $678,000 the Company issued 678 shares of Series F-2 Preferred Stock. In addition, the Company exchanged outstanding debt of $2,559,000 for 2,559 shares of Series F-2 Preferred Stock. Each Series F-2 Preferred share is convertible into 4,000 shares of common stock. The Series F-2 Preferred Stock will have cumulative dividends at the rate per share of 6% per annum. The stated value on the Series F-2 Preferred Stock is $1,000. Each share of Series F-2 Preferred Stock is convertible, at any time for a period of 5 years after issuance, into that number of shares of Common Stock, determined by dividing the Stated Value by $0.25, subject to certain adjustments set forth in the Series F-2 Certificate of Designation (the “Series F-2 Conversion Price”). The conversion of Series F-2 Preferred is subject to a 4.99% beneficial ownership limitation, which may be increased to 9.99% at the election of the holder. If the average of the VWAPs (as defined in the Series F-2 Certificate of Designation) for any consecutive 5 trading day period (“Measurement Period”) exceeds 200% of the then Series F-2 Conversion Price and the average daily trading volume of the Common Stock on the primary trading market exceeds 1,000 shares per trading day during the Measurement Period (subject to adjustments), the Company may redeem the then outstanding Series F-2 Preferred Stock, for cash in an amount equal to aggregate Stated Value then outstanding plus accrued but unpaid dividends. During the nine months ended September 30, 2024, the Company issued 235,544 shares of common stock for the payment of annual Series F-2 Preferred Stock dividends. As of September 30, 2024 and December 31, 2023, the Company had accrued dividends for Series F-2 preferred shares of $15,718 and $23,579, respectively. Warrants The following table summarizes transactions involving the Company’s outstanding warrants to purchase common stock for the nine months ended September 30, 2024 and 2023: Warrants (Underlying Shares) Weighted-Average Exercise Price Per Share Outstanding, December 31, 2023 28,584,580 $ 0.50 Warrants issued 5,368,335 0.19 Warrants expired (1,561,500 ) 0.44 Outstanding, September 30, 2024 32,391,415 $ 0.46 Warrants (Underlying Shares) Weighted-Average Exercise Price Per Share Outstanding, December 31, 2022 35,586,980 $ 0.46 Warrants issued 6,773,750 0.26 Warrants exchanged (1,025,000 ) 0.25 Warrants expired (9,545,200 ) 0.30 Warrants exercised (973,750 ) 0.20 Outstanding, September 30, 2023 30,816,780 $ 0.49 Warrants Issued in 2024 During the nine months ended September 30, 2024, the Company issued 1,800,000 warrants to Richard Blumberg, a related party, pursuant to a consulting agreement. See Note 6, “Commitments and Contingencies” During the nine months ended September 30, 2024, the Company issued 160,000 warrants in conjunction with the issuance of $150,000 in notes payable to unaffiliated third parties and 75,000 warrants in conjunction with issuances of $75,000 of notes payable to board members. See Note 7, “Short-Term Notes Payable” Related Party Debt” During the nine months ended September 30, 2024, the Company issued 3,333,335 warrants in connection with the private placement offering that closed on September 23, 2024, 1,666,677 of which were issued to one of our board members, a related party. Management estimated the fair value of the warrants utilizing the Black-Scholes Option Pricing model with the following assumptions before allocating the total proceeds from the offering to the common stock and warrants issued: Expected term (years) 4.0 Volatility 397.3 % Risk-free interest rate 3.5 % Dividend yield 0.0 % Warrants Issued in 2023 On May 14, 2023, the Compensation Committee of the Company’s Board of Directors approved the issuance of 4,000,000 common stock warrants to Mark Faupel, upon his appointment to the Company’s Board as President and Chief Executive Officer on March 10, 2023. The warrants, which have a strike price of $0.25, were fully vested on the issuance date and will expire on May 13, 2028. During the nine months ended September 30, 2023, the Company recorded approximately $679,959 of stock-based compensation expense attributed to the warrants. On May 14, 2023, the Compensation Committee of the Company’s Board of Directors also approved the issuance of 4,000,000 common stock warrants to Mark Faupel, 2,500,000 of which will be vested upon receipt by the Corporation of an Approval Letter from the U.S. Food and Drug Administration for the LuViva Advanced Cervical Scan and 1,500,000 of which will be vested upon receipt by the Corporation of an Approval Letter or equivalent from the Chinese National Medical Products Administration for the LuViva Advanced Cervical Scan. The warrants, which have a strike price of $0.40, will expire five years after they are exercisable with a maximum term of 10 years from issuance. As of September 30, 2024, the Company has concluded it is not probable that the performance conditions related to the warrants will be achieved, and as a result no compensation expense related to the warrants has been recorded. During the nine months ended September 30, 2023, the Company issued 1,800,000 warrants to Richard Blumberg, a related party, pursuant to a consulting agreement. See Note 6, “Commitments and Contingencies” During the nine months ended September 30, 2023, the Company entered into various agreements with holders of the Company’s $0.25 strike price warrants, pursuant to which each holder separately agreed to exchange 1,025,000 common stock warrants with a strike price of $0.25 for 973,750 common stock warrants with a strike price of $0.20. The Company received approximately $194,750 from the holders for the exercise of the 973,750 warrants. The Company measured the effect of the exchange as the excess of fair value of the exchanged instruments over the fair value of the original instruments and recorded a deemed dividend of approximately $65,296. During the nine months ended September 30, 2023, management estimated the fair value of the warrants issued utilizing the Black-Scholes Option Pricing model with the following weighted-average assumptions: Expected term (years) 3.8 Volatility 266.4% Risk-free interest rate 3.8% Dividend yield 0.0%

STOCK OPTIONS

STOCK OPTIONS	9 Months Ended
	Sep. 30, 2024
STOCK OPTIONS
STOCK OPTIONS	4. STOCK OPTIONS The Company’s Stock Plan (the “Plan”) allows for the issuance of incentive stock options, nonqualified stock options, and stock purchase rights. The exercise price of options was determined by the Company’s board of directors, but incentive stock options were granted at an exercise price equal to the fair market value of the Company’s common stock as of the grant date. Options historically granted have generally become exercisable over four years and expire ten years from the date of grant. The aggregate number of common shares that may be issued or reserved pursuant to stock option or other awards under the plan may not exceed 2,500,000 common shares. As of September 30, 2024, shares available for issuance under the Plan were 116,364. The following tables summarize the Company’s stock option activity and related information for the nine months ended September 30, 2024 and 2023: Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value of In-the-Money Options (in thousands) Options outstanding as of December 31, 2023 2,338,636 $ 0.41 6.5 years $ - Options granted 545,000 $ 0.12 Options outstanding as of September 30, 2024 2,883,636 $ 0.35 6.6 years $ 29,975 Options exercisable as of September 30, 2024 2,172,614 $ 0.41 5.7 years $ 7,494 Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value of In-the-Money Options (in thousands) Options outstanding as of December 31, 2022 1,500,000 $ 0.49 7.5 years $ - Options granted 1,025,000 $ 0.26 Options forfeited (186,364 ) $ 0.31 Options outstanding as of September 30, 2023 2,338,636 $ 0.41 6.8 years $ - Options exercisable as of September 30, 2023 1,811,364 $ 0.45 6.0 years $ - The aggregate intrinsic value is calculated as the difference between the Company’s closing stock price as of September 30, 2024 and the exercise price, multiplied by the number of options. As of September 30, 2024, there was $128,792 of unrecognized stock-based compensation expense. Such costs are expected to be recognized over a weighted average period of approximately 2.0 years. The weighted-average fair value of awards granted was $0.12 and $0.26 during the nine months ended September 30, 2024 and 2023, respectively. The Company recognizes compensation expense for stock option awards on a straight-line basis over the applicable service period of the award. The service period is generally the vesting period. During the nine months ended September 30, 2024 and 2023, the Company recognized expense for stock options of $60,860 and $221,143, respectively. 2024 Stock Option Activity On July 9, 2024, the Company granted 45,000 stock options to employees under the Plan and 500,000 stock options to executives and directors of the Company outside of the Plan. The stock options, which have exercise prices of $0.12, will expire on July 8, 2034. One fourth of the stock options vested immediately, while the remaining options will vest over a period of 33 months, beginning on October 9, 2024. The Black-Scholes option pricing model and the following weighted-average assumptions were used to estimate the fair value of awards granted during the nine months ended September 30, 2024: Expected term (years) 6.1 Volatility 797.4 % Risk-free interest rate 4.2 % Dividend yield - 2023 Stock Option Activity On February 10, 2023, the Company granted 925,000 stock options to employees, executives and directors of the Company. The stock options, which have exercise prices of $0.2629, will expire on February 9, 2033. One fourth of the stock options vested immediately, while the remaining options will vest over a period of 33 months, beginning on May 10, 2023. On March 7, 2023, the Company granted 100,000 stock options, which have exercise prices of $0.27 and will expire on March 6, 2033, to Alan Grujic, upon appointing him to the Board of Directors. One fourth of the stock options vested immediately, while the remaining options will vest over a period of 33 months, beginning on June 7, 2023. The Black-Scholes option pricing model and the following weighted-average assumptions were used to estimate the fair value of awards granted during the nine months ended September 30, 2023: Expected term (years) 10.0 Volatility 366.4 % Risk-free interest rate 3.8 % Dividend yield 0.00 On March 3, 2023, Dr. Gene Cartwright retired from his position as President and Chief Executive Officer of the Company and as a member of the Board. Upon his departure, Mr. Cartwright forfeited 186,364 unvested stock options. On May 2, 2023, the Company’s Board of Directors approved an extension of the expiration date of Mr. Cartwright’s vested options to June 1, 2025. Management measured the modified stock option award using the Black-Scholes option pricing model and recorded expense of $59,216 during the nine months ended September 30, 2023, representing the excess fair value of the modified award over the original award. Management estimated the fair value of the modified award using the Black-Scholes option pricing model and the following assumptions: Expected term (years) 2.0 Volatility 182.8 % Risk-free interest rate 4.0 % Dividend yield 0.0 %

LITIGATION AND CLAIMS

LITIGATION AND CLAIMS	9 Months Ended
	Sep. 30, 2024
LITIGATION AND CLAIMS
LITIGATION AND CLAIMS	5. LITIGATION AND CLAIMS From time to time, the Company may be involved in various legal proceedings and claims arising in the ordinary course of business. Management believes that the dispositions of these matters, individually or in aggregate, are not expected to have a material adverse effect on the Company’s financial condition. However, depending on the amount and timing of such disposition, an unfavorable resolution of some or all of these matters could materially affect the future results of operations or cash flows in a particular year. As of September 30, 2024, and December 31, 2023, there was no accrual recorded for any potential losses related to pending litigation.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	6. COMMITMENTS AND CONTINGENCIES Operating Leases Our corporate offices, which also comprise our administrative, research and development, marketing and production facilities, are located on a 12,835 square foot leased property. Total operating lease cost recognized for this lease was unchanged from the prior year and was $27,351 and $82,053 for the three and nine months ended September 30, 2024, respectively. The below table presents total operating lease right-of-use assets and lease liabilities as of September 30, 2024 and December 31, 2023: (in thousands) September 30, December 31 2024 2023 Operating lease right-of-use assets $ 164 $ 227 Operating lease liabilities $ 178 $ 246 The table below presents the maturities of operating lease liabilities as of September 30, 2024: (in thousands) Operating Lease Payments 2024 (remaining) 29 2025 118 2026 50 Total future lease payments 197 Less: discount (19 ) Total lease liabilities $ 178 The table below presents the weighted-average remaining lease term and discount rate used in the calculation of operating lease right-of-use assets and lease liabilities as of September 30, 2024 and December 31, 2023 (in thousands) September 30, 2024 December 31, 2023 Weighted average remaining lease term (years) 1.7 2.4 Weighted average discount rate 11.4 % 11.4 % Related Party Contracts During the nine months ended September 30, 2024, the Company issued promissory notes totaling $75,000 to members of the Board of Directors. See Note 9, “ Related Party Debt” On June 5, 2016, the Company entered into a license agreement with Shenghuo Medical, LLC pursuant to which the Company granted Shenghuo an exclusive license to manufacture, sell and distribute LuViva in Taiwan, Brunei Darussalam, Cambodia, Laos, Myanmar, Philippines, Singapore, Thailand, and Vietnam. Under the terms of the license agreement, once Shenghuo was capable of manufacturing LuViva in accordance with ISO 13485 for medical devices, Shenghuo would pay the Company a royalty equal to $2.00 or 20% of the distributor price (subject to a discount under certain circumstances), whichever is higher, per disposable distributed within Shenghuo’s exclusive territories. Pursuant to the license agreement, Shenghuo had the option to have a designee appointed to the Company’s board of directors (current director Richard Blumberg is the designee). On September 6, 2016, the Company entered into a royalty agreement with one of its directors, John Imhoff, and another stockholder, Dolores Maloof, pursuant to which the Company sold to them a royalty of future sales of single-use cervical guides for LuViva. Under the terms of the royalty agreement, and for consideration of $50,000, the Company will pay them an aggregate perpetual royalty initially equal to $0.10, and from and after October 2, 2016, equal to $0.20, for each cervical guide that the Company sells (or that is sold by a third party pursuant to a licensing arrangement with the Company). On January 22, 2020, the Company entered into a promotional agreement with a related party, which is partially owned by Mr. Blumberg, to provide investor and public relations services for a period of two years. As compensation for these services, the Company agreed to issue a total of 5,000,000 warrants, broken into four tranches of 1,250,000. The warrants have a strike price of $0.25 and were subject to vesting based upon the close of the Series D offering and a minimum share price based on the 30-day VWAP. If the minimum share price per the terms of the agreement is not achieved, the warrants will expire three years after the scheduled issuance date. The warrants were valued using the Black Scholes model on the grant date of January 22, 2020. As of September 30, 2024, unrecognized consulting expense associated with the agreement was nil and 2,500,000 of the warrants had been issued, of which 1,750,000 were issued to Mr. Blumberg and 750,000 were issued to non-related parties. During the nine months ended September 30, 2023, the Company entered into an agreement with Mr. Blumberg to exchange 875,000 of his outstanding warrants for 831,250 warrants with a strike price of $0.20, which were exercised during the first quarter of 2023. On March 10, 2021, the Company entered into a consulting agreement with Richard Blumberg. As a result of the consulting agreement Mr. Blumberg provided a non-refundable payment of $350,000 to the Company in exchange for the following: (1) 3,600,000 3-year warrants with exercise prices ranging from $0.30 - $0.60, and (2) 1,600,000 common stock shares. On September 30, 2021, the Company and Mr. Blumberg entered into an amended agreement, pursuant to which issuance of the warrants and common shares became predicated on Mr. Blumberg’s assistance in helping the Company obtaining financing or a series of financings resulting in minimum receipts of at least $1.0 million. Upon receipt of the funds, the Company agreed to issue the common shares and warrants owed to Mr. Blumberg in four equal tranches, to be issued every six months, beginning six months after the financing transaction. On November 11, 2022, the Company and Mr. Blumberg entered into an amended agreement, upon which the exercise prices of the warrants were changed to $0.30. The Company estimated the fair value of the modified warrants using the Black-Scholes option pricing model and the following assumptions: Expected term (years) 3.0 Volatility 108.7 % Risk-free interest rate 4.3 % Dividend yield 0.0 % During the nine months ended September 30, 2024 and 2023, the Company issued 1,800,000 warrants to Mr. Blumberg pursuant to the agreement, and recognized expense of nil and $740,517, respectively. Total unrecognized expense for the warrants was nil as of September 30, 2024. During the nine months ended September 30, 2024 and 2023, the Company recognized $31,889 and $151,933 of expense for the shares of common stock due to Mr. Blumberg, respectively. As 400,000 shares had not been issued as of September 30, 2024, the Company estimated the total amount of expense for the future issuances using the closing price of the Company’s stock as of September 30, 2024. On August 24, 2022, the Company entered into an agreement with Ironstone Capital Corp. and Alan Grujic (the “Advisory Group”) whereby the Advisory Group agreed to perform marketing and investor relations services over a term of twelve months, commencing on the closing of a financing of at least $2.5 million. In consideration for these services, the Company issued 800,000 warrants (“first tranche of warrants”) with an exercise price of $0.50 to Mr. Grujic, which were due within 10 business days of closing the financing transaction (the “Transaction”) that took place in September 2022. In the event the Company’s 20 trading day variable weighted average price (“VWAP”) exceeds $1.00 within one year of the closing of the financing, the Company would have issued 600,000 warrants (“second tranche of warrants”) with an exercise price of $0.75 to Mr. Grujic. In the event the Company’s 20 trading day VWAP exceeds $1.50 within two years of the closing of the financing, the Company will issue an additional 600,000 warrants (“third tranche of warrants”) to Mr. Grujic. Once issued, the warrants vest immediately and will expire two years from the date of issuance. If the Company’s U.S. clinical study is not completed and filed with the U.S. FDA or if the Chinese NMPA (formerly Chinese FDA) approval is not granted by each due date for reaching each respective pricing milestone, then the due date for reaching each milestone shall be extended by six months. As of June 30, 2024, the deadline to achieve the stock price of $1.50 has passed and the second tranche warrants will therefore not be issued. Pursuant to the agreement, the Company also agreed to pay the Advisory Group $2,000 per month for 12 months, starting the month after the closing of the Transaction. Subsequently, the agreement was amended to extend the term of the agreement to September of 2024. The Company estimated the fair value of the first tranche warrants issued in September 2022 using the Black-Scholes option pricing model with the following assumptions: Expected term (years) 2.0 Volatility 173.0 % Risk-free interest rate 3.4 % Dividend yield 0.0 % Expense related to the first tranche of warrants was recognized in prior years. Unrecognized expense related to the first tranche warrants was nil as of September 30, 2024. The Company estimated the fair value of the second tranche warrants using the Binomial Lattice model with the following assumptions: Expected term (years) 1.0 Volatility 144.4 % Risk-free interest rate 3.6 % Dividend yield 0.0 % The Company recognized expense for the second tranche of warrants of nil and $29,706 during the three months ended September 30, 2024 and 2023, respectively. The Company recognized expense for the second tranche of warrants of nil and $79,216 during the nine months ended September 30, 2024 and 2023, respectively. Unrecognized expense for the third tranche of warrants was nil as of September 30, 2024. The Company estimated the fair value of the third tranche warrants using the Binomial Lattice model with the following assumptions: Expected term (years) 2.0 Volatility 172.1 % Risk-free interest rate 3.6 % Dividend yield 0.0 % The Company recognized expense for the third tranche of warrants of $10,311 and $15,466 during the three months ended September 30, 2024 and 2023, respectively. The Company recognized expense for the third tranche of warrants of $41,242 and $46,397 during the nine months ended September 30, 2024 and 2023, respectively. Unrecognized expense for the third tranche of warrants was nil as of September 30, 2024. Other Commitments On July 24, 2019, the Company agreed to grant Shandong Yaohua Medical Instrument Corporation (“SMI”) (1) exclusive manufacturing rights, excepting the disposable cervical guides for the Republic of Turkey, and the final assembly rights for Hungary, and (2) exclusive distribution and sales for LuViva in jurisdictions, subject to the terms and conditions described below. First, SMI shall complete the payment for parts, per the purchase order, for five additional LuViva devices. Second, in consideration for the $885,144 that the Company received, SMI will receive 12,147 shares of common stock. Third, SMI shall honor all existing purchase orders it has executed to date with the Company, in order to maintain jurisdiction sales and distribution rights. If SMI needs to purchase cervical guides, then it will do so at a cost including labor, plus ten percent markup. The Company will provide 200 cervical guides at no cost for the clinical trials. Fourth, the Company and SMI will make their best efforts to sell devices after NMPA approval. With an initial estimate of year one sales of 200 LuViva devices; year two sales of 500 LuViva devices; year three sales of 1,000 LuViva devices; and year four sales of 1,250 LuViva devices. Fifth, SMI shall pay for entire costs of securing approval of LuViva with the Chinese FDA. Sixth, SMI shall arrange, at its sole cost, for a manufacturer in China to build tooling to support manufacturing. In addition, SMI retains the right to manufacture for China, Hong Kong, Macau and Taiwan, where SMI has distribution and sales rights. For each single-use cervical guide sold by SMI in the jurisdictions, SMI shall transfer funds to escrow agent at a rate of $1.90 per device chip. If within 18 months of the license’s effective date, SMI fails to achieve commercialization of LuViva in China, SMI shall no longer have any rights to manufacture, distribute or sell LuViva. Commercialization is defined as: filing an application with the Chinese FDA for the approval of LuViva; any assembly or manufacture of the devices or disposables that begins in China; and purchase of at least 10 devices and disposables for clinical evaluations and regulatory use and or sales in the jurisdictions. On August 12, 2021, the Company executed an amendment to its agreement with SMI. Under the terms of the amended agreement, the parties agreed that if by October 30, 2022, SMI fails to achieve commercialization of LuViva in China, SMI shall no longer have any rights to manufacture, distribute or sell LuViva. On March 3, 2023, the Company entered into a third amendment with SMI pursuant to which the Company extended the deadline for SMI to achieve commercialization of LuViva in China to April 30, 2024. On February 17, 2024, the Company entered into a fourth amendment to the agreement with SMI. Under the terms of the amended agreement, SMI agreed to pay the Company $531,100 on or prior to March 15, 2024. On March 18, 2024, SMI, through SMI’s authorized distribution partner, initiated a wire payment of $330,000 in partial satisfaction of $531,100 owed to the Company. The payment was received by the Company on March 20, 2024. As the full payment was not received by March 15, 2024, the Company had the right to terminate the agreement with two weeks’ notice to SMI, however the Company did not exercise this option. The amended agreement also provides for a timeline for the Company to deliver inventory during 2024, including LuViva devices and components, as well as approximately 1,640,000 RFID chips. In consideration, SMI agreed to pay a total of $4.4 million during 2024, including the payment due on March 15, 2024. On March 27, 2024, the parties entered into a Standstill Agreement (the “Standstill Agreement”). The parties agreed that SMI will make a nonrefundable payment of $100,000 to the Company prior to March 31, 2024. In exchange, the Company will not initiate any legal proceedings, including but not limited to filing a lawsuit, obtaining a judgement, or enforcing any security interest, as related to the March shortfall in payments of $201,100, until April 30, 2024. Upon paying $100,000, SMI will have the option to extend the Standstill Agreement until June 15, 2024 by making a nonrefundable payment to the Company of $150,000. One additional payment of $150,000 may be made to extend the standstill rights until July 30, 2024, if mutually agreed upon. If SMI is unable to make the payments pursuant to the Standstill Agreement, the Company agreed to seek loans on behalf of SMI to cover the payments. SMI agreed to reimburse the Company for these loans along with all expenses associated with them within three months of the loans being issued as long as the loans are used solely for (1) parts for LuViva devices to be used by SMI for marketing and promotional activities, or (2) labor or consulting fees connected to providing parts, assemblies of devices or disposables to SMI. Additionally, SMI confirmed its commitment to make payments to GTI of at least $4.0 million during 2024 and as part of this commitment will make payments of $200,000 and $500,000 by the end of May 2024 and July 2024, respectively, to ensure that the program commercialization proceeds according to schedule. On April 26, 2024, the parties extended the Standstill Agreement (“Standstill Extension”) until July 30, 2024, contingent on payments from SMI totaling $770,000 on or before July 30, 2024. In addition, because SMI did not make its scheduled payment of $100,000 on or before March 31, 2024, the Company can place a 25% surcharge on the cost of goods and services already paid for by SMI. Additionally, the Standstill Extension reduced the number of RFID chips the Company committed to shipping by 240,000 and reduced the total amount due from SMI in 2024 by $247,545. The other terms from the Amendment and Standstill Agreement remained intact. On July 31, 2024, the parties extended the Standstill Agreement until August 16, 2024. A long-term agreement was reached subsequent to September 30, 2024 (see Note 12, “Subsequent Events” Contingencies The conflict in Ukraine, which has already had an impact on financial markets, could result in additional repercussions in our operating business, including delays in obtaining regulatory approval to market our products in Russia. The future impact of the conflict is highly uncertain and cannot be predicted, and we cannot provide any assurance that the conflict will not have a material adverse impact on our operations or future results or filings with regulatory health authorities.

SHORT-TERM NOTES PAYABLE

SHORT-TERM NOTES PAYABLE	9 Months Ended
	Sep. 30, 2024
SHORT-TERM NOTES PAYABLE
NOTES PAYABLE	7. SHORT-TERM NOTES PAYABLE On July 23, 2024, the Company issued a promissory note totaling $50,000 to an unaffiliated third party. The promissory note matures on February 1, 2025 and will accrue total interest of $5,000. Monthly payments of $10,000 are due on the note, beginning September 1, 2024 until January 1, 2025, while the interest payment is due on or before February 1, 2025. The promissory note may be prepaid in full or in part without penalty or premium. The holder of the promissory note also received 60,000 common stock purchase warrants, which have an exercise price of $0.25 and will expire on August 1, 2028. The warrants, which had an estimated fair value of $6,329, were recorded as a discount on the note payable. The Company estimated the fair value of the warrants using the Black-Scholes option pricing model with the following assumptions: Expected term (years) 4.0 Volatility 397.3 % Risk-free interest rate 3.9 % Dividend yield 0.0 % On June 28, 2024, the Company issued a promissory note totaling $100,000 to an unaffiliated third party. The promissory note matures on January 1, 2025 and will accrue total interest of $10,000. Monthly payments of $20,000 are due on the note, beginning August 1, 2024 until December 1, 2024, while the interest payment is due on or before January 1, 2025. The promissory note may be prepaid in full or in part without penalty or premium. The holder of the promissory note also received 100,000 common stock purchase warrants, which will have an exercise price of $0.25 and will expire on July 1, 2028. The warrants, which had an estimated fair value of $11,998, were recorded as a discount on the note payable. The Company estimated the fair value of the warrants using the Black-Scholes option pricing model with the following assumptions: Expected term (years) 4.0 Volatility 389.2 % Risk-free interest rate 4.4 % Dividend yield 0.0 % On April 15, 2024, the Company entered into an exchange agreement with a former employee, whereby the former employee agreed to exchange outstanding amounts due to him for deferred compensation in the amount of $81,768 for an $87,162 promissory note dated April 15, 2024. Beginning on May 5, 2024, monthly payments of $2,000 are due on the note until its maturity date. The promissory note, which accrues interest at a rate of 6.0% per annum, matures on May 5, 2028. The total balance of the promissory note was $77,162 as of September 30, 2024, of which $24,000 is included in “Short-term notes payable” on the consolidated balance sheets and $53,162 is included in “Long-term notes payable.” On July 4, 2024, the Company entered into a premium finance agreement to finance its insurance policies totaling $129,556. Monthly payments of $12,025 are due on the note, including interest incurred at a rate of 8.8%. The note, which matures on May 4, 2025, had an outstanding balance of $93,784 and nil as of September 30, 2024 and December 31, 2023, respectively. On July 4, 2023, the Company entered into a premium finance agreement to finance its insurance policies totaling $129,073. Monthly payments of $12,041 are due on the note, including interest incurred at a rate of 7.9%. The note, which matured on May 4, 2024, had an outstanding balance of nil and $59,422 as of September 30, 2024 and December 31, 2023, respectively. The following table summarizes short-term notes payable (in thousands): Short-Term Notes Payable September 30, 2024 December 31, 2023 Short-term promissory notes $ 121 $ - Current portion of long-term promissory note 24 - Premium Finance (insurance) 93 59 Debt discount (10 ) - Short-term notes payable $ 228 $ 59

CONVERTIBLE DEBT

CONVERTIBLE DEBT	9 Months Ended
	Sep. 30, 2024
CONVERTIBLE DEBT
CONVERTIBLE DEBT	8. CONVERTIBLE DEBT 10% Senior Unsecured Convertible Debentures On May 17, 2021, the Company issued 10% Senior Unsecured convertible debentures to investors, which matured on May 17, 2024 (the “Maturity Date”). The Company subscribed $1,130,000 of the $1,000 convertible debentures. The terms of the debentures are as follows: 1) the principal amount of some or all of the convertible debentures and accrued interest are convertible into shares of common stock at the holder’s option, at a price of $0.50 per common stock share (the “conversion price”), subject to adjustment in certain events, at any time prior to maturity date; 2) upon successful uplist to a U.S. National Exchange, the note will automatically convert into the uplisting financing; 3) each debenture unit included 1,000 common stock warrants with an exercise price of $0.80 and an expiration date of May 17, 2023; 4) if a Change of Control (as defined in the Convertible Debenture Certificate) occurs prior to the Maturity Date, unless the holder elects in writing to convert the Convertible Debentures into shares of common stock, the Company will repay in cash upon the closing of such Change of Control all outstanding principal and accrued interest under each Convertible Debenture plus a Change of Control premium equal to an additional 3% of the outstanding principal sum under such Convertible Debenture. Prior to the closing of an Change of Control, in lieu of repayment as set forth in the preceding sentence, the holder has the right to elect in writing to convert, effective immediately prior to the effective date of such Change of Control, all outstanding principal and accrued Interest under the Convertible Debentures into shares of common stock at the Conversion Price; 5) Subject to a holder’s option of electing conversion prior to the Redemption Date (as such term is defined below), on or after the date that is 24 months from the Closing Date if the daily volume weighted average trading price of the shares of common stock is $1.50 per share of common stock or more for each trading day over a 30 consecutive trading day period, the Company may, at any time (the “Redemption Date”), at its option, redeem all, or any portion of the Convertible Debentures for either: (i) a cash payment (in the form of a certified cheque or bank draft) that is equal to all outstanding principal and accrued interest under each Convertible Debenture up to the Redemption Date; or (ii) by issuing and delivering shares of common stock to the holders of Convertible Debentures at a deemed price of $0.50 per share of common stock that is equal to all outstanding principal and accrued interest under each Convertible Debenture up to the Redemption Date, or any combination of (i) or (ii), upon not less than 30 days and not more than 60 days prior written notice in the manner provided in the Debenture Certificate, to the holder of Convertible Debentures. At September 30, 2024 and December 31, 2023, the balance due on the 10% Senior Secured Convertible Debentures was $1,130,000 and total accrued interest was $51,980 and $58,494, respectively. After the May 17, 2024 maturity date, the debt went into default and the interest rate increased to the default rate of 18.0%. The bond payable discount and unamortized debt issuance costs as of September 30, 2024 and December 31, 2023 are presented below (in thousands): Senior Secured Convertible Debenture September 30, 2024 December 31, 2023 10% Senior Unsecured Convertible Debentures $ 1,130 $ 1,130 Unamortized debt issuance costs - (12 ) Debt discount - (38 ) Senior Unsecured Convertible Debentures $ 1,130 $ 1,080 As of September 30, 2024, the balance of the Senior Unsecured Convertible Debentures is included in “Short-term convertible notes payable in default” within the condensed consolidated balance sheets. As of December 31, 2023, the balance of the Senior Unsecured Convertible Debentures is included in “Short-term convertible notes payable” within the condensed consolidated balance sheets. 1800 Diagonal Lending LLC Notes On July 22, 2024, the Company entered into a securities purchase agreement and contingently convertible note with 1800 Diagonal Lending LLC (“Diagonal Lending”). The convertible note issued to Diagonal Lending had a total principal balance of $62,100 and an original issue discount of $8,100. The note, which will accrue total interest of $8,694, will mature on May 30, 2025. A payment of $35,397 is due on the note on January 30, 2025. The remaining balance due, including accrued interest, will be paid in monthly payments of $8,849 from February 28, 2025 through May 30, 2025. The note may be prepaid at any time with no prepayment penalty. Any amount of principal or interest on the note which is not paid when due will bear interest at the rate of the lessor of 22.0% or the maximum permitted by law. The Company may not sell, lease, or otherwise dispose of any significant portion of its assets outside of the ordinary course of business without the express permission of Diagonal Lending. In the event of default, the note will become immediately due and payable in an amount equal to 150.0% times the sum of the then outstanding principal, accrued interest and default interest. On June 11, 2024, the Company entered into a securities purchase agreement and contingently convertible note with Diagonal Lending (together with the July 22, 2024 note, the “Notes”). The convertible note issued to Diagonal Lending had a total principal balance of $100,050 and an original issue discount of $13,050. The note, which will accrue total interest of $14,007, will mature on April 15, 2025. A payment of $57,029 is due on the note on December 15, 2024. The remaining balance due, including accrued interest, will be paid in monthly payments of $14,257 from January 15, 2025 through April 15, 2025. The note may be prepaid within 120 days of issuance for a discount of 2.0 -3.0 % of the principal and accrued interest due. Any amount of principal or interest on the note which is not paid when due will bear interest at the rate of the lessor of 22% or the maximum permitted by law. The Company may not sell, lease, or otherwise dispose of any significant portion of its assets outside of the ordinary course of business without the express permission of Diagonal Lending. In the event of default, the note will become immediately due and payable in an amount equal to 150.0% times the sum of the then outstanding principal, accrued interest and default interest. In the event of default, the unpaid portion of the Notes and accrued interest is convertible into shares of common stock at a conversion rate equal to the variable conversion price. The variable conversion price is equal to the lowest closing price of our common stock during the ten days prior to the conversion date multiplied by 65.0%. The Company assessed the embedded conversion features and determined that they are not considered clearly and closely related to the host notes, and therefore meet the definition of derivatives. Therefore, these embedded conversion features are required to be bifurcated from the note and accounted for separately as a derivative liability. The Company estimated the fair value of the derivative liabilities on the issuance dates of the Notes and recorded them as discounts that net against the convertible notes. The Company is required to remeasure the derivative liabilities to their then fair values at each subsequent balance sheet date, through an adjustment to current earnings (see Note 11 for further details on the Company’s fair value measurement). At September 30, 2024, the balance due on the Notes was $162,150 and total accrued interest was $9,438. The associated debt discounts and unamortized debt issuance costs as of September 30, 2024 and December 31, 2023 are included in “Short-term convertible debt” on the condensed consolidated balance sheets and are presented below (in thousands): September 30, 2024 December 31, 2023 Short-term convertible promissory notes $ 162 $ - Unamortized debt issuance costs (5 ) - Debt discount (23 ) - 1800 Diagonal Lending Convertible Note $ 134 $ - Auctus Convertible Note On December 17, 2019, the Company entered into a securities purchase agreement and convertible note with Auctus Fund, LLC (“Auctus’). The convertible note issued to Auctus was for a total of $2.4 million. The note may not have been prepaid in whole or in part except as otherwise explicitly allowed. Any amount of principal or interest on the note which was not paid when due shall bore interest at the rate of the lessor of 24% or the maximum permitted by law (the “default interest”). The variable conversion prices equaled the lesser of: (i) the lowest trading price on the issue date, and (ii) the variable conversion price. The variable conversion price was 95% multiplied by the market price (the market price means the average of the five lowest trading prices during the period beginning on the issue date and ending on the maturity date), minus $0.04 per share, provided however that in no event could the variable conversion price be less than $0.15. If an event of default under this note occurred and/or the note was not extinguished in its entirety prior to December 17, 2020, the $0.15 price floor no longer applied. On September 1, 2022, the Company agreed to exchange certain debt and equity owned by Auctus pursuant to an Exchange Agreement between the Company and Auctus (the “Exchange Agreement”). Immediately prior to the Exchange Agreement, Auctus held $1,228,183 of debt, including an early prepayment penalty of $350,000, default premiums of $281,256, and $91,555 in interest payable. Auctus agreed to reduce the amount owed to $710,911 and to revert the May 27, 2020 note to its original term. Additionally, Auctus agreed to exchange 8,775,000 warrants that were priced between $0.15 and $0.20 and the $350,000 prepayment penalty for 3,900,000 shares of common stock, warrants to purchase 3,900,000 shares of common stock at $0.50 per share and warrants to purchase 3,900,000 shares of common stock at $0.65 per share (the “Exchange”). As a result of the Exchange Agreement, Auctus forgave a default penalty of $225,444. Following the Exchange and Repayment, the Company will make payments to Auctus in four installments, over an 18-month period. During 2024, Auctus agreed to apply the payments to the principal portion of the debt before applying the funds to the accrued interest. As a result, management has reclassified a portion of the current and prior period outstanding debt to the accrued interest. The total outstanding balance of the convertible note was $15,000 and $25,000 as of September 30, 2024 and December 31, 2023, respectively. The balances are included within “Short-term convertible debt” on the condensed consolidated balance sheets. Total accrued interest on the Auctus convertible note was $116,029 and $121,995 as of September 30, 2024 and December 31, 2023, respectively.

RELATED PARTY DEBT

RELATED PARTY DEBT	9 Months Ended
	Sep. 30, 2024
RELATED PARTY DEBT
RELATED PARTY DEBT	9. RELATED PARTY DEBT Short-Term Notes Payable Due to Related Parties During the nine months ended September 30, 2024, the Company issued promissory notes totaling $75,000 to members of the Board of Directors. The promissory notes mature in the third quarter of 2025, at which time the principal and accrued interest payments are due in full. The promissory notes accrue interest at a rate of 9.0%. The holders of the promissory notes also received 75,000 common stock purchase warrants, which have exercise prices of $0.25 and will expire four years after issuance. The warrants, which had an estimated fair value of $8,800, were recorded as a discount on the notes payable. The Company estimated the fair value of the warrants using the Black-Scholes option pricing model with the following weighted-average assumptions: Expected term (years) 4.0 Volatility 397.1 % Risk-free interest rate 3.9 % Dividend yield 0.0 % The outstanding principal and associated debt discounts as of September 30, 2024 and December 31, 2023 are presented below (in thousands): Short-Term Notes Payable Due to Related Parties September 30, 2024 December 31, 2023 Short-term promissory notes $ 75 $ - Debt discount (7 ) - Short-term notes payable due to related parties $ 68 $ - Current Portion of Long-Term Debt, Related Parties On July 14, 2018, the Company entered into an exchange agreement with Dr. Faupel, whereby Dr. Faupel agreed to exchange outstanding amounts due to him for loans, interest, bonus, salary and vacation pay in the amount of $660,895 for a $207,111 promissory note dated September 4, 2018. On July 20, 2018, the Company entered into an exchange agreement with Dr. Cartwright, whereby Dr. Cartwright agreed to exchange outstanding amounts due to him for loans, interest, bonus, salary and vacation pay in the amount of $1,621,499 for a $319,000 promissory note dated September 4, 2018 that incurs interest at a rate of 6.0% per annum. On July 24, 2019, Dr. Faupel and Mr. Cartwright agreed to an addendum to the debt restructuring exchange agreement. Pursuant to this modification Dr. Faupel and Mr. Cartwright agreed to extend the note to be due in full on the third anniversary of that agreement. On February 19, 2021, the Company entered into new promissory notes replacing the original notes from September 4, 2018, with Mark Faupel and Gene Cartwright. For Dr. Cartwright the principal amount on the new note was $267,085, the maturity date was February 18, 2023, and the interest rate was 6.0%. For Dr. Faupel the principal amount on the new note was $153,178, the maturity date was February 18, 2023, and the interest rate was 6.0%. Additionally, the Company exchanged $100,000 and $85,000 of the balances owed to Dr. Cartwright and Dr. Faupel for 100 and 85 shares of Series F-2 Preferred Stock, respectively. On February 18, 2023, the Company amended the terms of the promissory notes held by Mark Faupel and Gene Cartwright. Under the terms of the new agreements, the promissory notes will mature on February 18, 2025. The tables below summarize the outstanding balance of debt owed to Dr. Faupel and Dr. Cartwright (in thousands): For Dr. Faupel: Salary $ 134 Bonus 20 Vacation 95 Interest on compensation 67 Loans to Company 196 Interest on loans 149 Total outstanding prior to exchange 661 Amount forgiven in prior years (454 ) Amount exchanged for Series F-2 Preferred Stock (85 ) Total interest accrued through December 31, 2023 57 Balance outstanding at December 31, 2023 $ 179 Interest accrued through September 30, 2024 7 Balance outstanding at September 30, 2024 $ 186 For Dr. Cartwright Salary $ 337 Bonus 675 Loans to Company 528 Interest on loans 81 Total outstanding prior to exchange 1,621 Amount forgiven in prior years (1,302 ) Amount exchanged for Series F-2 Preferred Stock (100 ) Total interest accrued through December 31, 2023 93 Payments on outstanding debt (25 ) Balance outstanding at December 31, 2023 $ 287 Interest accrued through September 30, 2024 11 Balance outstanding at September 30, 2024 $ 298 On March 22, 2021, the Company entered into an exchange agreement with Richard Fowler. As of December 31, 2020, the Company owed Mr. Fowler $546,214 ($412,624 in deferred salary and $133,590 in accrued interest). The Company exchanged $50,000 of the amount owed of $546,214 for 50 shares of Series F-2 Preferred Stock (convertible into 200,000 shares of common stock), and a $150,000 unsecured note. The note accrues interest at the rate of 6.0% (18.0% in the event of default) beginning on March 22, 2022 and is payable in monthly installments of $3,600 for four years, with the first payment due on March 15, 2022. The effective interest rate of the note is 6.18%. During the three and nine months ended September 30, 2024, Mr. Fowler forgave $16,145 and $49,205 of the outstanding balance of deferred compensation, respectively. During the three and nine months ended September 30, 2023, Mr. Fowler forgave $17,183 and $52,354 of the outstanding balance of deferred compensation, respectively. As of September 30, 2024, Mr. Fowler may forgive up to $80,131 of the remaining deferred compensation if the Company complies with the repayment plan described above. The reductions in the outstanding balance met the criteria for troubled debt. The basic criteria are that the borrower is troubled, i.e., they are having financial difficulties, and a concession is granted by the creditor. As of September 30, 2024, the outstanding principal amount owed on the note was $53,886, of which $40,875 is included in “Current portion of long-term debt, related parties” and $13,011 is included in “Long-term debt, related parties.” As of December 31, 2023, the outstanding principal amount owed on the note was $82,945, of which $39,090 is included in “Current portion of long-term debt, related parties” and $43,855 is included in “Long-term debt, related parties.” Future debt obligations at September 30, 2024 for debt owed to related parties is as follows: Year Amount (in thousands) 2024 (remaining) 10 2025 600 2026 3 Total $ 613

INCOME (LOSS) PER SHARE OF COMM

INCOME (LOSS) PER SHARE OF COMMON STOCK	9 Months Ended
	Sep. 30, 2024
INCOME (LOSS) PER SHARE OF COMMON STOCK
INCOME (LOSS) PER SHARE OF COMMON STOCK	10. INCOME (LOSS) PER SHARE OF COMMON STOCK Basic net income (loss) per share attributable to common stockholders, amounts are computed by dividing the net income (loss) plus preferred stock dividends and deemed dividends on preferred stock by the weighted average number of shares outstanding during the year. Diluted net income (loss) per share attributable to common stockholders amounts are computed by dividing the net income (loss) plus preferred stock dividends, deemed dividends on preferred stock, after-tax interest on convertible debt and convertible dividends by the weighted average number of shares outstanding during the year, plus Series C, Series C-1, Series C-2, Series D, Series E, Series F and Series F-2 convertible preferred stock, convertible debt, convertible preferred dividends, warrants and stock options convertible into common stock shares. During a period of net loss, basic and diluted earnings per share are the same as the assumed exercise of warrants and the conversion of convertible debt and preferred stock are anti-dilutive. For the three and nine months ended September 30, 2024 and 2023, all stock options, convertible preferred stock, convertible debt and warrants were anti-dilutive and were therefore excluded from the computation of diluted loss per share. At September 30, 2024 and 2023, these instruments were convertible into 57,954,585 and 54,457,934 common shares, respectively. The following table sets forth pertinent data relating to the computation of basic and diluted net loss per share attributable to common shareholders (in thousands, except for per-share data): September 30, 2024 2023 Net loss $ (1,891 ) $ (3,290 ) Basic weighted average number of shares outstanding 55,929 50,588 Net loss per share (basic) $ (0.03 ) $ (0.07 ) Diluted weighted average number of shares outstanding 55,929 50,588 Net loss per share (diluted) $ (0.03 ) $ (0.07 )

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 30, 2024
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	11. FAIR VALUE MEASUREMENTS The convertible notes payable derivative liabilities are considered Level 3 measurements, due to the significant unobservable inputs in the valuation, which are based on a forecast of the Company’s future stock performance and, as the note payable is contingently convertible upon an event of default, management’s estimate of the likelihood and timing of conversion. Based on the terms and provisions of the Diagonal Lending notes payable, management built a pricing simulation that predicts the Company’s future stock prices using historical volatility. Our model is designed to utilize the Company’s best estimates of the timing and likelihood of a conversion of the notes payable to calculate the variable conversion price as of the future conversion date. The key inputs to the valuation model that was utilized to estimate the fair value of the bifurcated conversion option included: · The forecasted future stock prices were determined using historical stock prices and the Company’s equity volatility. · The expected conversion price was determined using the forecast and the contractual term of the convertible note agreement. · The probability of an event of default and timing of a future conversion are based on management’s best estimate of the future settlement of the convertible note. The following tables present the fair value of the bifurcated conversion options: Fair Value at September 30, 2024 (in thousands) Level 1 Level 2 Level 3 Total Derivative liability/bifurcated conversion options in connection with Diagonal Lending promissory notes $ - $ - $ 20 $ 20 Total short-term liabilities at fair value $ - $ - $ 20 $ 20 Derivative financial instruments and changes thereto recorded in the three and nine months ended September 30, 2024 and 2023 include the following: Three Months Ended September 30, 2024 2023 Fair value, beginning of period $ 13 $ - Inception of derivative liability 6 - Change in fair value of beneficial conversion features 1 - Fair value, end of period $ 20 $ - Nine Months Ended September 30, 2024 2023 Fair value, beginning of period $ - $ (5 ) Inception of derivative liability 12 - Change in fair value of beneficial conversion features 8 5 Fair value, end of period $ 20 $ -

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	12. SUBSEQUENT EVENTS Promissory Note On October 10, 2024, the Company issued a promissory note totaling $200,000 to an unaffiliated third party (the “Holder”). The promissory note matures on October 10, 2025 and will accrue interest at a rate of 12.0% per annum. Monthly payments of $20,000 are due on the note, beginning November 30, 2024 until August 31, 2025, while the interest payment is due on or before October 10, 2025. If not repaid by the maturity date, the unpaid balance of the note will accrue interest at a rate of 16.0% per annum. With the Holder’s permission, the promissory note may be prepaid in full or in part without penalty or premium. The Holder also received 667,667 common stock purchase warrants, which have an exercise price of $0.25 and will expire on October 9, 2028. Agreement with SMI On October 21, 2024, the Company executed an agreement with SMI (the “Agreement”), which supersedes all previous agreements, other than existing purchase orders (except those as modified and summarized below). Pursuant to the Agreement, the Company plans to execute a purchase agreement with a distributor of SMI for 35 base units, connected, aligned, calibrated and tested (“Completed Instrumentation Packages”). SMI, to obtain the license for global manufacturing rights and exclusive distribution of LuViva within certain jurisdictions, agreed to: 1. Meet an established schedule for minimum sales of the product in China. 2. Establish a manufacturing capability for the manufacture of LuViva and its accessories including the single use disposable Cervical Guide “Disposables” or “Accessories”). 3. Apply for NMPA approval for LuViva no later than October 30, 2024. Said application was filed by SMI with NMPA on October 16, 2024. Under the terms of the agreement, the Handheld Unit and Base Unit constitute an Instrumentation Package or “IP”. An IP and mobile cart with a monitor constitute a fully functional LuViva device ready for sale. SMI will be responsible for the manufacture of the mobile carts that house the IPs and the display monitor. All active purchase orders will be revised to include 100 IPs to be provided by GTI to SMI and/or its distribution partners to meet expected demand for the end of 2024 and 2025, as summarized below: 1. Forty-seven (47) of the 100 IPs will be provided by GTI to SMI, at an approximate price of $1,351,250; The number of IPs may be reduced if the full payment is delayed beyond the end of 2024. 2. Thirty-five (35) of the 100 IPs will be provided by GTI to SMI or to one of SMI’s distributors, at a total price of $700,000. 3. Eighteen (18) of the 100 IPs will be provided to SMI at no additional charge, beyond what has already been paid by SMI. To meet demand for the remainder of 2024 and for the first half of 2025, SMI agreed to purchase a minimum of 500,000 RFID chips, at prices ranging between $1.00 and $1.40 per chip. To meet demand for the second half of 2025, SMI agreed to purchase an additional 100 IPs and 1,000,000 RFID chips, at prices ranging between $1.00 and $1.40 per chip. SMI agreed to pay a minimum of $400,000 to the Company prior to December 31, 2024, to cover additional components, devices and costs incurred by the Company. Beginning in 2026 and extending into 2030, to preserve its licensing rights, SMI shall be committed to the minimum LuViva Cervical Guide Radio Frequency Identification Chips and Royalty Sales (“RFID Chips”) of the single-use Cervical Guide Chip, at a sale price to SMI at $1.00, as specified in the table below: Year Cumulative Number of Devices Placed or Sold Cumulative Resulting Minimum Tests Cumulative Minimum Cervical Guide Royalty Payments to GTI 2026 300 1,440,000 $ 1,440,000 2027 400 5,040,000 $ 4,480,000 2028 1500 15,840,000 $ 15,840,000 2029 3000 37,440,000 $ 37,440,000 2030 4000 66,240,000 $ 66,240,000 If by April 30, 2025, SMI fails to achieve commercialization of LuViva in China, SMI shall no longer have any rights to manufacture, distribute or sell LuViva. Issuances of Common Stock Subsequent to September 30, 2024, we issued 400,000 common shares to Mr. Blumberg, pursuant to his consulting agreement. Additionally, we issued 52,795 common shares for Series D preferred stock dividends, 5,558 common shares for Series F preferred stock dividends, and 100,000 common shares for the conversion of 25 shares of Series F preferred stock.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
SIGNIFICANT ACCOUNTING POLICIES
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant areas where estimates are used include the inventory valuation, valuation of share-based compensation and the valuation of the convertible note payable derivative liability. Management bases its estimates on historical experience and on various other assumptions believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results could differ from those estimates, and such differences could be material to the Company’s financial statements.
Accounting Standard Updates	A variety of proposed or otherwise potential accounting standards are currently under consideration by standard-setting organizations and certain regulatory agencies. Because of the tentative and preliminary nature of such proposed standards, management has not yet determined the effect, if any, that the implementation of such proposed standards would have on the Company’s consolidated financial statements.
Cash Equivalents	The Company considers all highly liquid investments with an original maturity of three months or less when purchased to be a cash equivalent.
Concentrations of Credit Risk	The Company maintains a cash balance in a financial institution that is insured by the Federal Deposit Insurance Corporation up to certain federal limitations. At times, the Company’s cash balance exceeds these federal limitations. The amount in excess of insured limitations was nil and $156,112 as of September 30, 2024 and December 31, 2023, respectively.
Trade Receivables	Trade receivables are recorded net of allowances for chargebacks, cash discounts for prompt payment and credit losses. The Company estimates an allowance for expected credit losses by considering factors such as historical experience, credit quality, the age of the accounts receivable balances, and current economic conditions that may affect a customer’s ability to pay. The corresponding expense for the credit loss allowance is reflected in selling, general and administrative expenses. The credit loss allowance was immaterial as of September 30, 2024 and December 31, 2023.
Inventory Valuation	All inventories are stated at the lower of cost or net realizable value, with cost determined substantially on a “first-in, first-out” basis. Selling, general, and administrative expenses are not inventoried, but are charged to expense when incurred. Inventories consisted of the following as of September 30, 2024 and December 31, 2023: (in thousands) September 30, December 31, 2024 2023 Raw materials $ 1,364 $ 1,360 Work-in-progress 46 46 Finished goods 44 44 Inventory reserve (818 ) (818 ) Total inventory $ 636 $ 632 The company periodically reviews the value of items in inventory and provides write-downs or write-offs of inventory based on its assessment of market conditions. Write-downs and write-offs are charged to cost of goods sold.
Property and Equipment	Property and equipment are recorded at cost. Depreciation is computed using the straight-line method over estimated useful lives of three to seven years. Depreciation and amortization expense are included in general and administrative expense on the statements of operations. Expenditures for repairs and maintenance are expensed as incurred. Property and equipment consisted of the following as of September 30, 2024 and December 31, 2023: (in thousands) September 30, December 31, 2024 2023 Equipment $ 951 $ 951 Software 634 634 Furniture and fixtures 17 17 Leasehold improvements 12 12 Subtotal 1,614 1,614 Less accumulated depreciation (1,589 ) (1,582 ) Property, equipment and leasehold improvements, net $ 25 $ 32 Depreciation expense related to property and equipment for the three and nine months ended September 30, 2024 and 2023 was not material.
Debt Issuance Costs	Debt issuance costs are capitalized and amortized over the term of the associated debt. Debt issuance costs are presented in the balance sheet as a direct deduction from the carrying amount of the debt liability consistent with the debt discount.
Patent Costs (Principally Legal Fees)	Costs incurred in filing, prosecuting, and maintaining patents are recurring, and expensed as incurred. Maintaining patents are expensed as incurred as the Company has not yet received U.S. FDA approval and recovery of these costs is uncertain. Such costs were not material for the three and nine months ended September 30, 2024 and 2023.
Leases	A lease provides the lessee the right to control the use of an identified asset for a period of time in exchange for consideration. Right-of-use assets represent the Company’s right to use an underlying asset for the lease term and operating lease liabilities represent the Company’s obligation to make lease payments arising from the lease. The Company determines if an arrangement is a lease at inception. Right-of-use assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. Where an operating lease contains extension options that the Company is reasonably certain to exercise, the extension period is included in the calculation of the right-of-use assets and lease liabilities. The discount rate used to determine the commencement date present value of lease payments is the interest rate implicit in the lease, or when that is not readily determinable, the Company utilizes its secured borrowing rate. Right-of-use assets include any lease payments required to be made prior to commencement and exclude lease incentives. Both right-of-use assets and lease liabilities exclude variable payments not based on an index or rate, which are treated as period costs. The Company’s lease agreements do not contain significant residual value guarantees, restrictions or covenants. See Note 6 – “ Commitments and Contingencies.”
Accrued Liabilities	Accrued liabilities as of September 30, 2024 and December 31, 2023 are summarized as follows: (in thousands) September 30, 2024 December 31, 2023 Compensation $ 383 $ 401 Professional fees 126 216 Interest 188 188 Vacation 31 27 Preferred dividends 188 228 Other accrued expenses 7 8 Total $ 923 $ 1,068
Stock Subscription Payable	Cash received from investors for shares of common stock that have not yet been issued is recorded as a liability, which is presented within Accrued Liabilities on the consolidated balance sheet.
Revenue Recognition	ASC 606, Revenue from Contracts with Customers, establishes a single and comprehensive framework which sets out how much revenue is to be recognized, and when. The core principle is that a vendor should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the vendor expects to be entitled in exchange for those goods or services. Revenue will now be recognized by a vendor when control over the goods or services is transferred to the customer. The application of the core principle in ASC 606 is carried out in five steps: · Step 1 – Identify the contract with a customer: a contract is defined as an agreement (including oral and implied), between two or more parties, that creates enforceable rights and obligations and sets out the criteria for each of those rights and obligations. The contract needs to have commercial substance and it must be probable that the entity will collect the consideration to which it will be entitled. · Step 2 – Identify the performance obligations in the contract: a performance obligation in a contract is a promise (including implicit) to transfer a good or service to the customer. Each performance obligation should be capable of being distinct and is separately identifiable in the contract. · Step 3 – Determine the transaction price: transaction price is the amount of consideration that the entity can be entitled to, in exchange for transferring the promised goods and services to a customer, excluding amounts collected on behalf of third parties. · Step 4 – Allocate the transaction price to the performance obligations in the contract: for a contract that has more than one performance obligation, the entity will allocate the transaction price to each performance obligation separately, in exchange for satisfying each performance obligation. The acceptable methods of allocating the transaction price include adjusted market assessment approach, expected cost plus a margin approach, and the residual approach in limited circumstances. Discounts given should be allocated proportionately to all performance obligations unless certain criteria are met and reallocation of changes in standalone selling prices after inception is not permitted. · Step 5 – Recognize revenue as and when the entity satisfies a performance obligation: the entity should recognize revenue at a point in time, except if it meets any of the three criteria, which will require recognition of revenue over time: the entity’s performance creates or enhances an asset controlled by the customer, the customer simultaneously receives and consumes the benefit of the entity’s performance as the entity performs, and the entity does not create an asset that has an alternative use to the entity and the entity has the right to be paid for performance to date. The Company’s revenues do not require significant estimates or judgments and are recognized when control of the promised goods or services is transferred to the Company’s customers, which occurs at a point in time, most frequently upon shipment of the product or receipt of the product, depending on shipment terms. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. The Company does not offer returns, discounts, loyalty programs or other sales incentive programs that are material to revenue recognition. The Company is not party to contracts that include multiple performance obligations or material variable consideration.
Contract Balances	The Company defers payments received as revenue until earned based on the related contracts and applying ASC 606 as required. Deferred revenue totaled $747,780, $424,225, and $509,101 as of September 30, 2024, December 31, 2023 and December 31, 2022, respectively.
Significant Customers	As of September 30, 2024, trade receivables of $2,047 (net of the allowance for credit losses of $450) were attributed to one customer. As of December 31, 2023, accounts receivable of $7,442 (net of the allowance for credit losses of $1,500) were attributed to two customers.
Research and Development	Research and development expenses consist of expenditures for research conducted by the Company and payments made under contracts with consultants or other outside parties and costs associated with internal and contracted clinical trials. All research and development costs are expensed as incurred.
Income Taxes	The provision for income taxes is determined in accordance with ASC 740, “ Income Taxes The Company has filed its 2023 federal and state corporate tax returns. Although the Company has been experiencing recurring losses, it is obligated to file tax returns for compliance with IRS regulations and that of applicable state jurisdictions. At September 30, 2024, the Company had approximately $66.4 million of net operating losses carryforward available, $3.8 million of which will expire on December 31, 2024. The remaining net operating loss will be eligible to be carried forward for tax purposes at federal and applicable states level. A full valuation allowance has been recorded related to the deferred tax assets generated from the net operating losses. The Company recognizes uncertain tax positions based on a benefit recognition model. Provided that the tax position is deemed more likely than not of being sustained, the Company recognizes the largest amount of tax benefit that is greater than 50.0% likely of being ultimately realized upon settlement. The tax position is derecognized when it is no longer more likely than not of being sustained. The Company classifies income tax related interest and penalties as interest expense and selling, general and administrative expense, respectively, on the consolidated statements of operations.
Warrants	The Company has issued warrants, which allow the warrant holder to purchase one share of stock at a specified price for a specified period of time. The Company records equity instruments including warrants based on the fair value at the date of issue. The fair value of warrants classified as equity instruments at the date of issuance is estimated using the Black-Scholes or binomial option pricing models.
Stock Based Compensation	The Company accounts for its stock-based awards in accordance with ASC Subtopic 718, “ Compensation – Stock Compensation The Black-Scholes option pricing model requires the input of certain assumptions that require the Company’s judgment, including the expected term and the expected stock price volatility of the underlying stock. The assumptions used in calculating the fair value of stock-based compensation represent management’s best estimates, but these estimates involve inherent uncertainties and the application of judgment. As a result, if factors change resulting in the use of different assumptions, stock-based compensation expense could be materially different in the future. During the nine months ended September 30, 2024, the Company recognized $60,860 of expense for stock options and $41,242 of expense for warrants issued to a director. Additionally, during the nine months ended September 30, 2024, the Company accrued $30,889 of expense for common stock owed to a director, pursuant to his consulting agreement. During the nine months ended September 30, 2023, the Company recognized $221,143 of expense related to stock options, $9,333 of expense for stock issued to consultants and executives and $1,546,089 of expense for warrants issued to consultants and executives. Additionally, during the nine months ended September 30, 2023, the Company accrued $83,301 of expense for common stock owed to a director, pursuant to his consulting agreement.
Derivatives	The Company reviews the terms of convertible debt issued to determine whether there are embedded derivative instruments, including embedded conversion options, which are required to be bifurcated and accounted for separately as derivative financial instruments. In circumstances where the host instrument contains more than one embedded derivative instrument, including the conversion option, which is required to be bifurcated, the bifurcated derivative instruments are accounted for as a single, compound derivative instrument. Bifurcated embedded derivatives are initially recorded at fair value and are then revalued at each reporting date with changes in the fair value reported as non-operating income or expense. When the equity or convertible debt instruments contain embedded derivative instruments that are to be bifurcated and accounted for as liabilities, the total proceeds received are first allocated to the fair value of all the bifurcated derivative instruments. The remaining proceeds, if any, are then allocated to the host instruments themselves, usually resulting in those instruments being recorded at a discount from their face value. The discount from the face value of the convertible debt, together with the stated interest on the instrument, is amortized over the life of the instrument through periodic charges to interest expense.
Fair Value Measurements	ASC 820, “ Fair Value Measurements and Disclosures,” · Level 1: · Level 2: · Level 3: An asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques used need to maximize the use of observable inputs and minimize the use of unobservable inputs. Assets and liabilities measured at fair value are based on one or more of the following three valuation techniques noted in ASC 820: · Market approach: · Cost approach: · Income approach: The Company believes its valuation methods are appropriate and consistent with other market participants, however the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
SIGNIFICANT ACCOUNTING POLICIES
Schedule of Inventory valuation	(in thousands) September 30, December 31, 2024 2023 Raw materials $ 1,364 $ 1,360 Work-in-progress 46 46 Finished goods 44 44 Inventory reserve (818 ) (818 ) Total inventory $ 636 $ 632
Schedule of Property and equipment	(in thousands) September 30, December 31, 2024 2023 Equipment $ 951 $ 951 Software 634 634 Furniture and fixtures 17 17 Leasehold improvements 12 12 Subtotal 1,614 1,614 Less accumulated depreciation (1,589 ) (1,582 ) Property, equipment and leasehold improvements, net $ 25 $ 32
Schedule of Accrued liabilities	(in thousands) September 30, 2024 December 31, 2023 Compensation $ 383 $ 401 Professional fees 126 216 Interest 188 188 Vacation 31 27 Preferred dividends 188 228 Other accrued expenses 7 8 Total $ 923 $ 1,068

STOCKHOLDERS DEFICIT (Tables)

STOCKHOLDERS DEFICIT (Tables)	9 Months Ended
	Sep. 30, 2024
STOCKHOLDERS' DEFICIT:
Schedule of Common stock issued	Number of Shares Issuance of common stock in private placement offering 3,333,335 Issuance of common stock for payment of Series D preferred dividends 196,063 Issuance of common stock for payment of Series E preferred dividends 625,511 Issuance of common stock for payment of Series F preferred dividends 444,621 Issuance of common stock for payment of Series F-2 preferred dividends 235,544 Issuance of common stock for payment of interest 1,116,709 Issuance of common stock to consultants 400,000 Total common stock issued during the nine months ended September 30, 2024 6,351,783 Summary table of common stock transactions: Shares outstanding at December 31, 2023 54,105,101 Common shares issued during the nine months ended September 30, 2024 6,351,783 Shares outstanding at September 30, 2024 60,456,884
Schedule of Company's outstanding warrants to purchase common stock	Warrants (Underlying Shares) Weighted-Average Exercise Price Per Share Outstanding, December 31, 2023 28,584,580 $ 0.50 Warrants issued 5,368,335 0.19 Warrants expired (1,561,500 ) 0.44 Outstanding, September 30, 2024 32,391,415 $ 0.46 Warrants (Underlying Shares) Weighted-Average Exercise Price Per Share Outstanding, December 31, 2022 35,586,980 $ 0.46 Warrants issued 6,773,750 0.26 Warrants exchanged (1,025,000 ) 0.25 Warrants expired (9,545,200 ) 0.30 Warrants exercised (973,750 ) 0.20 Outstanding, September 30, 2023 30,816,780 $ 0.49
Schedule of fair value warrants issued under Black-Scholes Option Pricing model	Expected term (years) 4.0 Volatility 397.3 % Risk-free interest rate 3.5 % Dividend yield 0.0 % Expected term (years) 3.8 Volatility 266.4% Risk-free interest rate 3.8% Dividend yield 0.0%

STOCK OPTIONS (Tables)

STOCK OPTIONS (Tables)	9 Months Ended
	Sep. 30, 2024
STOCK OPTIONS
Schedule of Stock options vested, unvested and granted	Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value of In-the-Money Options (in thousands) Options outstanding as of December 31, 2023 2,338,636 $ 0.41 6.5 years $ - Options granted 545,000 $ 0.12 Options outstanding as of September 30, 2024 2,883,636 $ 0.35 6.6 years $ 29,975 Options exercisable as of September 30, 2024 2,172,614 $ 0.41 5.7 years $ 7,494 Number of Shares Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Life Aggregate Intrinsic Value of In-the-Money Options (in thousands) Options outstanding as of December 31, 2022 1,500,000 $ 0.49 7.5 years $ - Options granted 1,025,000 $ 0.26 Options forfeited (186,364 ) $ 0.31 Options outstanding as of September 30, 2023 2,338,636 $ 0.41 6.8 years $ - Options exercisable as of September 30, 2023 1,811,364 $ 0.45 6.0 years $ -
Schedule of Stock option activity	Expected term (years) 6.1 Volatility 797.4 % Risk-free interest rate 4.2 % Dividend yield - Expected term (years) 10.0 Volatility 366.4 % Risk-free interest rate 3.8 % Dividend yield 0.00 Expected term (years) 2.0 Volatility 182.8 % Risk-free interest rate 4.0 % Dividend yield 0.0 %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2024
Schedule of Operating lease right-of-use assets and lease liabilities	(in thousands) September 30, December 31 2024 2023 Operating lease right-of-use assets $ 164 $ 227 Operating lease liabilities $ 178 $ 246
Schedule of Maturities of operating lease liabilities	(in thousands) Operating Lease Payments 2024 (remaining) 29 2025 118 2026 50 Total future lease payments 197 Less: discount (19 ) Total lease liabilities $ 178
Schedule of Weighted-average remaining lease term and discount rate	(in thousands) September 30, 2024 December 31, 2023 Weighted average remaining lease term (years) 1.7 2.4 Weighted average discount rate 11.4 % 11.4 %
Fair value of the warrants using the Black-Scholes option pricing model	Expected term (years) 3.0 Volatility 108.7 % Risk-free interest rate 4.3 % Dividend yield 0.0 %
Tranche Three [Member]
Fair value of the warrants using the Black-Scholes option pricing model	Expected term (years) 2.0 Volatility 172.1 % Risk-free interest rate 3.6 % Dividend yield 0.0 %
Tranche Two [Member]
Fair value of the warrants using the Black-Scholes option pricing model	Expected term (years) 1.0 Volatility 144.4 % Risk-free interest rate 3.6 % Dividend yield 0.0 %
Tranche One [Member]
Fair value of the warrants using the Black-Scholes option pricing model	Expected term (years) 2.0 Volatility 173.0 % Risk-free interest rate 3.4 % Dividend yield 0.0 %

SHORT-TERM NOTES PAYABLE (Table

SHORT-TERM NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2024
SHORT-TERM NOTES PAYABLE
Fair value of the warrant using the Black-Scholes option pricing model	Expected term (years) 4.0 Volatility 397.3 % Risk-free interest rate 3.9 % Dividend yield 0.0 % Expected term (years) 4.0 Volatility 389.2 % Risk-free interest rate 4.4 % Dividend yield 0.0 %
Schedule of Short-term notes payable, including related parties	Short-Term Notes Payable September 30, 2024 December 31, 2023 Short-term promissory notes $ 121 $ - Current portion of long-term promissory note 24 - Premium Finance (insurance) 93 59 Debt discount (10 ) - Short-term notes payable $ 228 $ 59

CONVERTIBLE DEBT (Tables)

CONVERTIBLE DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
CONVERTIBLE DEBT
Scheduled of unamortized debt issuance costs	Senior Secured Convertible Debenture September 30, 2024 December 31, 2023 10% Senior Unsecured Convertible Debentures $ 1,130 $ 1,130 Unamortized debt issuance costs - (12 ) Debt discount - (38 ) Senior Unsecured Convertible Debentures $ 1,130 $ 1,080
Scheduled of note payable discount, unamortized debt issuance costs and unamortized debt discount	September 30, 2024 December 31, 2023 Short-term convertible promissory notes $ 162 $ - Unamortized debt issuance costs (5 ) - Debt discount (23 ) - 1800 Diagonal Lending Convertible Note $ 134 $ -

RELATED PARTY DEBT (Tables)

RELATED PARTY DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
RELATED PARTY DEBT
Fair value of the warrants using the Black-Scholes option pricing model of short term debt	Expected term (years) 4.0 Volatility 397.1 % Risk-free interest rate 3.9 % Dividend yield 0.0 %
Schedule of Short-term debt, related parties	Short-Term Notes Payable Due to Related Parties September 30, 2024 December 31, 2023 Short-term promissory notes $ 75 $ - Debt discount (7 ) - Short-term notes payable due to related parties $ 68 $ -
Schedule of Long-term debt, related parties	Salary $ 134 Bonus 20 Vacation 95 Interest on compensation 67 Loans to Company 196 Interest on loans 149 Total outstanding prior to exchange 661 Amount forgiven in prior years (454 ) Amount exchanged for Series F-2 Preferred Stock (85 ) Total interest accrued through December 31, 2023 57 Balance outstanding at December 31, 2023 $ 179 Interest accrued through September 30, 2024 7 Balance outstanding at September 30, 2024 $ 186 Salary $ 337 Bonus 675 Loans to Company 528 Interest on loans 81 Total outstanding prior to exchange 1,621 Amount forgiven in prior years (1,302 ) Amount exchanged for Series F-2 Preferred Stock (100 ) Total interest accrued through December 31, 2023 93 Payments on outstanding debt (25 ) Balance outstanding at December 31, 2023 $ 287 Interest accrued through September 30, 2024 11 Balance outstanding at September 30, 2024 $ 298
Schedule of Long-term debt, related parties debt obligations	Year Amount (in thousands) 2024 (remaining) 10 2025 600 2026 3 Total $ 613

INCOME (LOSS) PER SHARE OF CO_2

INCOME (LOSS) PER SHARE OF COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2024
Black-Scholes Option [Member]
Schedule of Earnings per share	September 30, 2024 2023 Net loss $ (1,891 ) $ (3,290 ) Basic weighted average number of shares outstanding 55,929 50,588 Net loss per share (basic) $ (0.03 ) $ (0.07 ) Diluted weighted average number of shares outstanding 55,929 50,588 Net loss per share (diluted) $ (0.03 ) $ (0.07 )

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 30, 2024
FAIR VALUE MEASUREMENTS
Schedule of fair value for liabilities measured on a recurring basis	Fair Value at September 30, 2024 (in thousands) Level 1 Level 2 Level 3 Total Derivative liability/bifurcated conversion options in connection with Diagonal Lending promissory notes $ - $ - $ 20 $ 20 Total short-term liabilities at fair value $ - $ - $ 20 $ 20
Schedule of change in fair value instruments	Three Months Ended September 30, 2024 2023 Fair value, beginning of period $ 13 $ - Inception of derivative liability 6 - Change in fair value of beneficial conversion features 1 - Fair value, end of period $ 20 $ - Nine Months Ended September 30, 2024 2023 Fair value, beginning of period $ - $ (5 ) Inception of derivative liability 12 - Change in fair value of beneficial conversion features 8 5 Fair value, end of period $ 20 $ -

SUBSEQUENT EVENTS (Tables)

SUBSEQUENT EVENTS (Tables)	9 Months Ended
	Sep. 30, 2024
SUBSEQUENT EVENTS
Schedule of preserve its licensing rights in future	Year Cumulative Number of Devices Placed or Sold Cumulative Resulting Minimum Tests Cumulative Minimum Cervical Guide Royalty Payments to GTI 2026 300 1,440,000 $ 1,440,000 2027 400 5,040,000 $ 4,480,000 2028 1500 15,840,000 $ 15,840,000 2029 3000 37,440,000 $ 37,440,000 2030 4000 66,240,000 $ 66,240,000

ORGANIZATION BACKGROUND AND B_2

ORGANIZATION BACKGROUND AND BASIS OF PRESENTATION (Details Narrative) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
ORGANIZATION BACKGROUND AND BASIS OF PRESENTATION
Accumulated deficit	$ (153,000)
Total stockholders' deficits	(4,900)
Working capital	(5,000)
Net loss including preferred dividend	(1,900)
Proceeds from Issuance of Preferred Stock, Preference Stock, and Warrants	400
Proceeds from sale of common stock	300
Proceeds from warrants exercises	$ 0	$ 195	$ 400

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
SIGNIFICANT ACCOUNTING POLICIES
Raw materials	$ 1,364	$ 1,360
Work in process	46	46
Finished goods	44	44
Inventory reserve	(818)	(818)
Total	$ 636	$ 632

SIGNIFICANT ACCOUNTING POLICI_5

SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property and equipment, gross	$ 1,614	$ 1,614
Less accumulated depreciation	(1,589)	(1,582)
Property, equipment and leasehold improvements, net	25	32
Equipment [Member]
Property and equipment, gross	951	951
Furniture and Fixtures [Member]
Property and equipment, gross	17	17
Software [Member]
Property and equipment, gross	634	634
Leasehold Improvement [Member]
Property and equipment, gross	$ 12	$ 12

SIGNIFICANT ACCOUNTING POLICI_6

SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
SIGNIFICANT ACCOUNTING POLICIES
Compensation	$ 383	$ 401
Professional fees	126	216
Interest	188	188
Vacation	31	27
Preferred dividends	188	228
Other accrued expenses	7	8
Total	$ 923	$ 1,068

SIGNIFICANT ACCOUNTING POLICI_7

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
Accounts receivable	$ 2,047		$ 7,442
Accounts receivable, net of allowance	450		1,500
Deferred revenue	747,780		424,225	$ 509,101
Remaining net operating loss	3,800,000
Net operating loss carry forward	$ 66,400,000
Percentage amount of tax benefit	50%
Excess of insured limitations	$ 156,112		$ 156,112
Consultants and Executives [Member]
Expenses related to warrants issued		$ 1,546,089
Director [Member]
Expense related to stock options	60,860	221,143
Common stock owed accrued expense amount	30,889	83,301
Expenses related to warrants issued	$ 41,242	$ 9,333

STOCKHOLDERS DEFICIT (Details)

STOCKHOLDERS DEFICIT (Details)	9 Months Ended
	Sep. 30, 2024 shares
Issuances of common stock	6,351,783
Share outstanding, beginning	54,105,101
Common shares issued during the year ended	6,351,783
Share outstanding, ending	60,456,884
Issuances of Common Stock for Payment of Series D Preferred Dividends [Member]
Issuances of common stock	196,063
Issuances of Common Stock for Payment of Series E Preferred Dividends [Member]
Issuances of common stock	625,511
Issuances of Common Stock for Payment of Series F Preferred Dividends [Member]
Issuances of common stock	444,621
Issuances of Common Stock for Payment of Series F-2 Preferred Dividends [Member]
Issuances of common stock	235,544
Issuances of Common Stock for Payment of Interest [Member]
Issuances of common stock	1,116,709
Issuance of Common Stock to Consultants [Member]
Issuances of common stock	400,000
Issuance of common stock in private placement offering [Member]
Issuances of common stock	3,333,335

STOCKHOLDERS DEFICIT (Details 1

STOCKHOLDERS DEFICIT (Details 1) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
STOCKHOLDERS' DEFICIT:
Warrants outstanding, beginning balance	28,584,580	35,586,980
Warrants issued	5,368,335	6,773,750
Warrants cancelled/expired	(1,561,500)	(9,545,200)
Warrants exchanged		$ 1,025,000
Warrants exercised		(973,750)
Warrants outstanding, ending balance	32,391,415	30,816,780
Weighted Average Exercise Price Per Share, beginning balance	$ 0.50	$ 0.46
Weighted Average Exercise Price Per Share, Warrants issued	0.19	0.26
Weighted Average Exercise Price Per Share, Warrants cancelled/expired	0.44	0.30
Weighted Average Exercise Price Per Share, Warrants exchanged		0.25
Weighted Average Exercise Price Per Share, Warrants exercised		0.20
Weighted Average Exercise Price Per Share, ending balance	$ 0.46	$ 0.49

STOCKHOLDERS DEFICIT (Details 2

STOCKHOLDERS DEFICIT (Details 2)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
STOCKHOLDERS' DEFICIT:
Expected term	4 years	3 years 9 months 18 days
Volatility	397.30%	266.40%
Risk-free interest rate	3.50%	3.80%
Dividend yield	0%	0%

STOCKHOLDERS DEFICIT (Details N

STOCKHOLDERS DEFICIT (Details Narrative) - USD ($)		9 Months Ended		12 Months Ended
	May 14, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2021	Dec. 31, 2023
Issuances of common stock		6,351,783
Common stock, par value		$ 0.001			$ 0.001
Preferred stock shares converts into common stock		100,000
Shares outstanding		60,456,884			54,105,101
Outstanding shares exchanged to Preferred stock		57,954,585	54,457,934
Securities Purchase Agreement [Member]
Gross proceeds		$ 300,000
Issuances of common stock		3,333,335
Exercised price		$ 0.12
Chinese National Medical Products Administration [Member]
Issuance of common stock warrants	4,000,000
Strike price of warrants	$ 0.40
Warrant vested shares	1,500,000
Exercisable term	10 years
Food And Drug Administration [Member]
Warrant vested shares	2,500,000
Warrant [Member] | Securities Purchase Agreement [Member]
Issuances of common stock		3,333,335
Purchase price per unit		$ 0.09
Warrant [Member] | Mark Faupel [Member]
Issuance of common stock warrants	4,000,000
Stock-based compensation expense			$ 679,959
Strike price of warrants	$ 0.25
Board Members [Member]
Issuance of common stock warrants		1,666,677
Issuance of Warrants		75,000
Note payable to an unaffiliated third party		$ 75,000
Issuances of common stock		3,333,335
Warrants Exchanges - 2021 [Member]
Common stock warrants		973,750
Strike price of warrants		$ 0.25	$ 0.25
Unpaid accrued dividends			$ 65,296
Exchange common stock warrants			1,025,000
Common stock warrants strike price per share			$ 0.20
Exercise of warrants, value			$ 194,750
Exercise of warrants, shares			973,750
Warrants Exchanges - 2021 [Member] | Richard Blumberg [Member]
Number of warrant issued		1,800,000	900,000
Series C Convertible Preferred Shares [Member]
Issuance of Warrants		160,000
Note payable to an unaffiliated third party		$ 150,000
Common stock, shares authorized		500,000,000			500,000,000
Common stock shares issued		60,456,884			54,105,101
Common stock shares outstanding		60,456,884			54,105,101
Conversion price per share		$ 0.50
Common stock, par value		$ 0.001			$ 0.001
Preferred stock shares converts into common stock		2,000
Preferred stock shares converts into common stock		572,000
Preferred stock, par value		$ 0.001			$ 0.001
Preferred stock shares designated		9,000			9,000
Liquidation preference		$ 1,000			$ 1,000
Make-whole payment shares		200			200
Shares outstanding		286			286
Unpaid accrued dividends		$ 120,120			$ 120,120
Preferred stock shares issued		300			300
Preferred stock shares outstanding		300			300
Cumulative dividend rate		12%
Preferred stock shares authorized		9,000			9,000
Series C1 Convertible Preferred Shares [Member]
Conversion price per share		$ 0.50
Preferred stock shares converts into common stock		2,000
Preferred stock shares converts into common stock		2,098,500
Preferred stock shares designated		20,250
Preferred stock shares issued		1,049			1,049
Preferred stock shares outstanding		1,049			1,049
Series C2 Convertible Preferred Shares [Member]
Conversion price per share		$ 0.50
Preferred stock shares converts into common stock		2,000
Preferred stock shares converts into common stock		5,400,000
Preferred stock shares surrendered		3,262
Dividing the stated value		1,000
Preferred stock shares issued		3,262
Preferred stock shares outstanding		2,700			2,700
Series F-2 Convertible Preferred Shares [Member]
Conversion price per share		$ 0.25
Preferred stock shares converts into common stock		4,000
Preferred stock, par value		$ 0.001			$ 0.001
Preferred stock shares designated		3,500
Conversion beneficial ownership limitation		4.99%
Maturity period		5 years
Stated value of preference share		$ 1,000
Outstanding shares exchanged to Preferred stock		2,559
Preferred stock shares issued		500			500
Increased beneficial ownership percentage		9.99%
Common Stock primary trading shares exceed		1,000
Exceeds percentage		200%
Preferred stock shares outstanding		520			520
Preferred stock shares received		678,000
Accrued dividends of preferred shares		$ 15,718			$ 23,579
Outstanding debt		$ 2,559,000
Issuance of common stock for conversion of Series F-2 Convertible Preferred Stock		235,544
Preferred stock shares outstanding		500			500
Preferred stock shares authorized		5,000			5,000
Preferred stock stated value		$ 1,000
Cumulative dividends, per annum		6%
Series D Preferred Shares [Member]
Conversion price per share		$ 0.25
Preferred stock, par value		$ 0.001
Preferred stock shares designated		6,000
Conversion beneficial ownership limitation		4.99%
Maturity period		5 years
Stated value of preference share		$ 750
Preferred stock shares issued		763
Increased beneficial ownership percentage		9.99%
Common Stock primary trading shares exceed		1,000
Exceeds percentage		200%
Preferred stock converted share		3,000
Shares issued common stock amount		$ 763,000
Common stock, issued public shares		1,526,000
Shares issued for payment of accured stock dividend		$ 196,063
Warrant exercise price per share		$ 0.25
Common stock warrants exercise price 1		$ 0.75
Preferred stock dividends accrued		$ 8,360
Series E Preferred Shares [Member]
Conversion price per share		$ 0.25
Preferred stock shares converts into common stock		4,000
Preferred stock, par value		$ 0.001
Preferred stock shares designated		5,000
Conversion beneficial ownership limitation		4.99%
Maturity period		5 years
Liquidation preference		$ 1,736
Preferred stock shares issued		1,736
Common Stock primary trading shares exceed		1,000
Exceeds percentage		200%
Issuance of common stock for conversion of Series E Convertible Preferred Stock		625,511
Increased election holder		9.99%
Preferred stock stated value		$ 1,000
Accrued dividends		$ 12,612			$ 30,272
Cumulative dividends, per annum		8%
Series F Preferred Shares [Member]
Conversion price per share		$ 0.25
Preferred stock shares converts into common stock				4,000
Preferred stock shares designated		1,500
Conversion beneficial ownership limitation		4.99%
Maturity period		5 years
Stated value of preference share				$ 1,000
Preferred stock shares issued		1,006			1,006
Common Stock primary trading shares exceed		1,000
Exceeds percentage		200%
Shares issued common stock amount				$ 1,436,000
Issuance of common stock for conversion of Series F Convertible Preferred Stock		444,621
Increased election holder		9.99%
Preferred stock shares outstanding				1,436
Cumulative dividend rate				6%
Accrued dividends		$ 30,851			$ 46,108
Preferred stock stated value		$ 1,000
Preferred Stock Shares [Member]
Preferred stock, par value		$ 0.001			$ 0.001
Preferred stock shares authorized		5,000,000			500,000,000

STOCK OPTIONS (Details)

STOCK OPTIONS (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
STOCK OPTIONS
Outstanding at beginning of year	2,338,636	1,500,000
Options granted	545,000	1,025,000
Options forfeited		(186,364)
Outstanding at ending of year	2,883,636	2,338,636
Number of shares exercisable	2,172,614	1,811,364
Options outstanding weighted average exercise price, beginning	$ 0.41	$ 0.49
Options granted weighted average exercise price	0.12	0.26
Options forfeited weighted average exercise price		0.31
Options outstanding weighted average exercise price, Ending	0.35	0.41
Weighted average exercise price per share exercisable	$ 0.41	$ 0.45
Weighted average remaining contractual life, Beginning	6 years 6 months	7 years 6 months
Weighted average remaining contractual life, Ending	6 years 7 months 6 days	6 years 9 months 18 days
Weighted average remaining contractual life exercisable	5 years 8 months 12 days	6 years
Agrregate intrensic value, Beginning	$ 0	$ 0
Agrregate intrensic value, Ending	29,975	0
Agrregate intrensic value exercisable	$ 7,494	$ 0

STOCK OPTIONS (Details 1)

STOCK OPTIONS (Details 1)		1 Months Ended		9 Months Ended
	Mar. 03, 2023	Jul. 23, 2024	Jun. 28, 2024	Sep. 30, 2024	Sep. 30, 2023
Dr. Cartwright [Member]
Expected term (years)	2 years
Volatility	182.80%
Risk-free interest rate	4%
Dividend yield	0%
Black-Scholes Option [Member]
Expected term (years)		4 years	4 years	6 years 1 month 6 days	10 years
Volatility		397.30%	389.20%	797.40%	366.40%
Risk-free interest rate		3.90%	4.40%	4.20%	3.80%
Dividend yield		0%	0%	0%	0%

STOCK OPTION (Details Narrative

STOCK OPTION (Details Narrative) - USD ($)			9 Months Ended
	Mar. 07, 2023	Feb. 10, 2023	Sep. 30, 2024	Sep. 30, 2023
Unrecognized stock-based compensation expense			$ 128,792
Weighted average period			2 years
Aggregate number of common shares			2,500,000
Options granted weighted average exercise price			$ 0.12	$ 0.26
Expiration date			Jul. 08, 2034
Vesting period, description	One fourth of the stock options vested immediately, while the remaining options will vest over a period of 33 months, beginning on June 7, 2023	One fourth of the stock options vested immediately, while the remaining options will vest over a period of 33 months, beginning on May 10, 2023		while the remaining options will vest over a period of 33 months, beginning on October 9, 2024
Director [Member]
Stock option expense			$ 60,860	$ 221,143
Exercise price		$ 0.26
Options granted		925,000
Maturity date		Feb. 09, 2033
Dr. Cartwright [Member]
Aggregate number of common shares			500,000
Options granted weighted average exercise price			$ 0.12
Stock option expense				$ 59,216
Options granted			45,000
Alan Gurjic [Member]
Exercise price	$ 0.27
Options granted	100,000
Maturity date	Mar. 06, 2033

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES
Operating lease right-of-use assets	$ 164	$ 227
Operating lease liabilities	$ 178	$ 246

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Details 1) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES
2024 (remaining)	$ 29
2025	118
2026	50
Total future lease payments	197
Less: discount	(19)
Total lease liabilities	$ 178	$ 246

COMMITMENTS AND CONTINGENCIES_4

COMMITMENTS AND CONTINGENCIES (Details 2)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES
Weighted average remaining lease term (years)	1 year 8 months 12 days	2 years 4 months 24 days
Weighted average discount rate	11.40%	11.40%

COMMITMENTS AND CONTINGENCIES_5

COMMITMENTS AND CONTINGENCIES (Details 3)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Expected term (years)	4 years	3 years 9 months 18 days
Volatility	397.30%	266.40%
Risk-free interest rate	3.50%	3.80%
Dividend yield	0%	0%
Tranche Three [Member]
Expected term (years)	2 years
Volatility	3.40%
Risk-free interest rate	173%
Dividend yield	0%
Tranche Two [Member]
Expected term (years)	1 year
Volatility	3.60%
Risk-free interest rate	144.40%
Dividend yield	0%
Tranche One [Member]
Expected term (years)	2 years
Volatility	3.60%
Risk-free interest rate	172.10%
Dividend yield	0%
Richard Blumberg [Member]
Expected term (years)	3 years
Volatility	108.70%
Risk-free interest rate	4.30%
Dividend yield	0%

COMMITMENTS AND CONTINGENCIES_6

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)					1 Months Ended					3 Months Ended		9 Months Ended
	Sep. 02, 2022	Mar. 10, 2021	Sep. 06, 2016	Jun. 05, 2016	Jul. 31, 2024	May 31, 2024	Apr. 26, 2024	Feb. 17, 2024	Aug. 24, 2022	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 28, 2024	Jan. 22, 2020
Operating lease cost										$ 82,053		$ 27,351
Royalty percent				20%
Payment to advisory group per months												2,000
Weighted average price	$ 0.20
Warrants broken into four tranches															1,250,000
Strike price															$ 0.25
Warrants exercise prices														$ 0.25
Commitments Other [Member]
Consideration amount company received												$ 885,144
Tranche Second and Third [Member]
Stock price										$ 1.50		$ 1.50
Tranche Second [Member]
Recognized expense										$ 0	$ 29,706	$ 79,216	$ 79,216
Unrecognized expense												41,242	46,397
Tranche Third [Member]
Recognized expense										$ 10,311	$ 15,466
Unrecognized expense												10,311
Royalty Agreement [Member]
Royalty consideration			$ 50,000
Agreement Smi Fund [Member]
Description related to standstill agreement							contingent on payments from SMI totaling $770,000 on or before July 30, 2024. In addition, because SMI did not make its scheduled payment of $100,000 on or before March 31, 2024, the Company can place a 25% surcharge on the cost of goods and services already paid for by SMI. Additionally, the Standstill Extension reduced the number of RFID chips the Company committed to shipping by 240,000 and reduced the total amount due from SMI in 2024 by $247,545
Amendment payment from SMI								$ 531,100
Description related to SMI fund agreement								SMI, through SMI’s authorized distribution partner, initiated a wire payment of $330,000 in partial satisfaction of $531,100 owed to the Company
Additional Commitment payment					$ 500,000	$ 200,000
Additional payments												4,000,000
Consideration for inventory payment												$ 4,400,000
Alan Gurjic [Member]
Excercise price									$ 0.75
Weighted average price									$ 1.50
Advisory Group | Consulting Agreement [Member]
Warrants										831,250		831,250			5,000,000
Number of warrants issued										2,500,000		2,500,000
Strike price										$ 0.20		$ 0.20
Ironstone capital corp and Alan Gurjic [Member] | Consulting Agreement [Member]
Issued warrants									800,000
Excercise price									$ 0.50
Weighted average price									$ 1
Mr. Blumberg [Member]
Issued warrants									600,000			1,800,000
Shares issued		400,000
Mr. Blumberg [Member] | Consulting Agreement [Member]
Terms of amendment to agreement		,600,000 3-year warrants with exercise prices ranging from $0.30 - $0.60, and (2) 1,600,000 common stock shares. On September 30, 2021, the Company and Mr. Blumberg entered into an amended agreement, pursuant to which issuance of the warrants and common shares became predicated on Mr. Blumberg’s assistance in helping the Company obtaining financing or a series of financings resulting in minimum receipts of at least $1.0 million	royalty initially equal to $0.10, and from and after October 2, 2016, equal to $0.20
Recognized expenses for Warrants issued												$ 740,517
Recognized expenses for common stock												$ 31,889	$ 151,933
Number of outstanding warrants for exchange													875,000
Subscription receivable		$ 350,000
Warrants exercise prices		$ 0.30
Mr. Blumberg [Member]
Number of warrants issued										1,750,000		1,750,000
Non-related parties [Member]
Number of warrants issued										750,000		750,000
Third Party [Member]
Issued warrants									600,000

SHORT TERM NOTES PAYABLE (Detai

SHORT TERM NOTES PAYABLE (Details) - Black-Scholes Option [Member]	1 Months Ended		9 Months Ended
	Jul. 23, 2024	Jun. 28, 2024	Sep. 30, 2024	Sep. 30, 2023
Expected term (years)	4 years	4 years	6 years 1 month 6 days	10 years
Volatility	397.30%	389.20%	797.40%	366.40%
Risk-free interest rate	3.90%	4.40%	4.20%	3.80%
Dividend yield	0%	0%	0%	0%

SHORT TERM NOTES PAYABLE (Det_2

SHORT TERM NOTES PAYABLE (Details 1) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Short term notes payable	$ 228	$ 59
Short term notes payable	(228)	(59)
Short-term promissory notes
Short term notes payable	121	0
Short term notes payable	(121)	0
Current Portion of Long-Term Promissory Note [Member]
Short term notes payable	24	0
Short term notes payable	(24)	0
Debt discount
Short term notes payable	10	0
Short term notes payable	(10)	0
Premium Finance insurance
Short term notes payable	93	59
Short term notes payable	$ (93)	$ (59)

SHORT TERM NOTES PAYABLE (Det_3

SHORT TERM NOTES PAYABLE (Details Narrative) - USD ($)			1 Months Ended
	Jul. 04, 2024	Jul. 04, 2023	Jul. 23, 2024	Jun. 28, 2024	Apr. 15, 2024	Sep. 30, 2024	Dec. 31, 2023
Monthly payment	$ 12,025	$ 12,041	$ 10,000	$ 20,000	$ 2,000
Deferred compensation					81,768
Outstanding principal balance						$ 59,422	$ 59,422
Promissory note			50,000	100,000	$ 87,162
Short term note payable						75,000	0
Long term note payable						53,000	0
Accrued interest			$ 5,000	$ 10,000
Common stock purchase warrants				100,000
Exercise price				$ 0.25
Line of credit facility, maximum borrowing capacity	$ 129,556	$ 129,073
Promissory note maturity date	May 04, 2025	May 04, 2024	Jan. 01, 2025		May 05, 2028
Accrued interest rate	8.80%	7.90%			6%
Note payable [Member]
Outstanding principal balance			$ 6,329	$ 11,998		93,784	$ 93,784
Short term note payable						24,000
Long term note payable						$ 53,162

CONVERTIBLE DEBT (Details)

CONVERTIBLE DEBT (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Discount	$ (7)	$ 0
1800 Diagonal Lending Convertible Note [Member]
Debt Discount	(23)	0
Long-term convertible debt	134	0
Short-term convertible promissory note	162	0
Unamortized debt issuance costs	(5)	0
10% Senior Unsecured Convertible Debenture [Member]
10% Senior Unsecured Convertible Debentures	1,130	1,130
Debt Issuance costs to be amortized	0	(12)
Debt Discount	0	(38)
Long-term convertible debt	$ 1,130	$ 1,080

CONVERTIBLE DEBT (Details Narra

CONVERTIBLE DEBT (Details Narrative) - USD ($)			1 Months Ended		9 Months Ended
	Jun. 11, 2024	Sep. 02, 2022	Jul. 22, 2024	May 17, 2021	Sep. 30, 2024	Jul. 23, 2024	Jun. 28, 2024	Apr. 15, 2024	Dec. 31, 2023	Sep. 01, 2022	Dec. 17, 2019
Convertible promissory note											$ 2,400,000
Convertible debt conversion price description					The variable conversion price was 95% multiplied by the market price (the market price means the average of the five lowest trading prices during the period beginning on the issue date and ending on the maturity date)
Trading price											$ 0.04
Variable conversion price											$ 0.15
Early prepayment penalty		$ 350,000
Default premiums		281,256
Interest payable		91,555
Reduced amount owed to Auctus after the Exchange		$ 710,911
Warrants exchanged by Auctus		8,775,000
Warrant exchange price , decrease		$ 0.15
Warrant exchange price , increase		$ 0.20
Default penalty forgiven by Auctus		$ 225,444
Interest rate					24%
Notes payable						$ 50,000	$ 100,000	$ 87,162
Auctus [Member]
Accrued interest					$ 116,029				$ 121,995
Share Issue		3,900,000
Prepayment penalty										$ 350,000
Total balance of the convertible debt outstanding					15,000				25,000	$ 1,228,183
Warrant One [Member]
Warrant exchange price , increase		$ 0.50
Warrant to purchase										3,900,000
Warrant Two [Member]
Warrant exchange price , increase		$ 0.65
Warrant to purchase										3,900,000
10% Senior Unsecured Convertible Debenture [Member]
Convertible promissory note				$ 1,000	1,130,000
Accrued interest					$ 51,980				$ 58,494
Convertible debentures right description				each debenture unit included 1,000 common stock warrants with an exercise price of $0.80 and an expiration date of May 17, 2023
Change of Control premium percentage				3%
Default interest rate					18%
Senior Secured Convertible rate				10%
Deemed price				$ 0.50
Debt maturity date				May 17, 2024	May 17, 2024
Proceeds from convertible debenture				$ 1,130,000
Conversion price				$ 0.50
1800 Diagonal Lending Note [Member]
Convertible promissory note					$ 162,150
Accrued interest	$ 14,007		$ 8,694		$ 9,438
Convertible note principal balance	100,050		62,100
Discount on convertible note	13,050		8,100
Notes payable	$ 57,029		35,397
Debt maturity date	Apr. 15, 2025
Convertible note monthly payments	$ 14,257		$ 8,849

RELATED PARTY DEBT (Details)

RELATED PARTY DEBT (Details)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Expected term	4 years	3 years 9 months 18 days
Volatility	397.30%	266.40%
Risk-free interest rate	3.50%	3.80%
Dividend yield	0%	0%
Black-Scholes Option [Member]
Expected term	4 years
Volatility	397.10%
Risk-free interest rate	3.90%
Dividend yield	0%

RELATED PARTY DEBT (Details 1)

RELATED PARTY DEBT (Details 1) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
RELATED PARTY DEBT
Short-term promissory notes	$ 75	$ 0
Debt Discount	(7)	0
Short-term notes payable due to related parties	$ 68	$ 0

RELATED PARTY DEBT (Details 2)

RELATED PARTY DEBT (Details 2) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Bonus	$ 383	$ 401
Vacation	31	27
Dr. Cartwright [Member]
Salary	337
Bonus	675
Loans to Company	528
Interest on loans	81
Total outstanding prior to exchange	1,621
Amount forgiven in prior years	(1,302)
Total interest accrued	11	93
Balance outstanding, end of period	298	287
Amount exchanged for Series F-2 Preferred Stock	(100)
Payments on outstanding debt		(25)
Dr. Faupel [Member]
Salary	134
Bonus	20
Vacation	95
Interest on compensation	67
Loans to Company	196
Interest on loans	149
Total outstanding prior to exchange	661
Amount forgiven in prior years	(454)
Amount exchanged for Series F-2 Preferred Stock	(85)
Total interest accrued	7	57
Balance outstanding, end of period	$ 186	$ 179

RELATED PARTY DEBT (Details 3)

RELATED PARTY DEBT (Details 3) - Long-Term Debt - Related Parties [Member] - Mr. Fowler [Member] $ in Thousands	Sep. 30, 2024 USD ($)
2024 (remaining)	$ 10
2025	600
2026	3
Total	$ 613

RELATED PARTY DEBT (Details Nar

RELATED PARTY DEBT (Details Narrative) - USD ($)			1 Months Ended			3 Months Ended		9 Months Ended
	Jul. 04, 2024	Jul. 04, 2023	Apr. 15, 2024	Mar. 22, 2021	Feb. 19, 2021	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023	Jul. 14, 2018
Deferred compensation								$ 133,000	$ 1,860,000
Accrued interest rate	8.80%	7.90%	6%
Current portion of long-term debt, related parties						$ 525,000		525,000		$ 39,000
Board Members [Member]
Note payable to an unaffiliated third party								$ 75,000
Issuance of Warrants								75,000
Warrants estimated fair value								$ 8,800
Accrued interest rate								9%
Dr. Cartwright [Member]
Promissory note interest rate					6%
Debt instrument converted amount					$ 100,000
Series F-2 Preferred Stock issued upon conversion of debt					100
Principal amount of promissory note					$ 267,085
Issuance of promissory note in exchange of related party debt											$ 319,000
Loans, interest, bonus, salary and vacation paid amount											$ 1,621,499
Interest rate per annum											6%
Dr. Faupel [Member]
Due to related party											$ 660,895
Promissory note interest rate					6%
Debt instrument converted amount					$ 85,000
Series F-2 Preferred Stock issued upon conversion of debt					85
Principal amount of promissory note					$ 153,178
Issuance of promissory note in exchange of related party debt											$ 207,111
Mr. Fowler [Member]
Deferred compensation						16,145	$ 17,183	$ 49,205	$ 52,354
Total outstanding prior to exchange						80,131		80,131
Long-term debt-related parties						13,011		13,011		43,855
Current portion of long-term debt, related parties						40,875		40,875		39,090
Outstanding principal amount						$ 53,886		$ 53,886		$ 82,945
Due to related party				$ 546,214
Series F-2 Preferred Stock issued upon conversion of debt				50
Interest payable				$ 133,590
Due to related party, amount				$ 546,214
Promissory note default interest rate				18%
Promissory note monthly installment				$ 3,600
Preferred shares converted into common stock				200,000
Effective interest rate				6.18%
Deferred salary				$ 412,624
Unsecured note issued upon conversion of debt				$ 150,000

INCOME (LOSS) PER COMMON SHARE

INCOME (LOSS) PER COMMON SHARE (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
INCOME (LOSS) PER SHARE OF COMMON STOCK
Net loss	$ (692)	$ (717)	$ (1,891)	$ (3,290)
Basic weighted average number of shares outstanding			55,929	50,588
Net loss per share (basic)			$ (0.03)	$ (0.07)
Diluted weighted average number of shares outstanding			55,929	50,588
Net loss per share (diluted)			$ (0.03)	$ (0.07)

INCOME (LOSS) PER COMMON SHAR_2

INCOME (LOSS) PER COMMON SHARE (Details Narrative) - shares	Sep. 30, 2024	Sep. 30, 2023
INCOME (LOSS) PER SHARE OF COMMON STOCK
Convertible common shares	57,954,585	54,457,934

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Derivative liability	$ 20
Total short-term liabilities at fair value	20
Level 1 [Member]
Derivative liability	0
Total short-term liabilities at fair value	0
Level 2 [Member]
Derivative liability	0
Total short-term liabilities at fair value	0
Level 3 [Member]
Derivative liability	20
Total short-term liabilities at fair value	$ 20

FAIR VALUE MEASUREMENTS (Deta_2

FAIR VALUE MEASUREMENTS (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Ending Balance	$ 20		$ 20
Derivative [Member]
Beginning Balance	13	$ 0	0	$ (5)
Inception of derivative liability	6	0	12	0
Change in fair value during the year	1	0	8	5
Ending Balance	$ 20	$ 0	$ 20	$ 0

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event [Member]	Oct. 10, 2024 USD ($) integer
2026 [Member]
Cumulative Number of Devices Placed or Sold	300
Cumulative Resulting Minimum Tests	1,440,000
Cumulative Minimum Cervival Guide Royalty Payments to GTI | $	$ 1,440,000
2027 [Member]
Cumulative Number of Devices Placed or Sold	400
Cumulative Resulting Minimum Tests	5,040,000
Cumulative Minimum Cervival Guide Royalty Payments to GTI | $	$ 4,480,000
2028 [Member]
Cumulative Number of Devices Placed or Sold	1,500
Cumulative Resulting Minimum Tests	15,840,000
Cumulative Minimum Cervival Guide Royalty Payments to GTI | $	$ 15,840,000
2029 [Member]
Cumulative Number of Devices Placed or Sold	3,000
Cumulative Resulting Minimum Tests	37,440,000
Cumulative Minimum Cervival Guide Royalty Payments to GTI | $	$ 37,440,000
2030 [Member]
Cumulative Number of Devices Placed or Sold	4,000
Cumulative Resulting Minimum Tests	66,240,000
Cumulative Minimum Cervival Guide Royalty Payments to GTI | $	$ 66,240,000

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - USD ($)			1 Months Ended	9 Months Ended
	Oct. 10, 2024	Sep. 02, 2022	Oct. 21, 2024	Sep. 30, 2024	Dec. 31, 2023
Common Stock, Issued				60,457,000	54,105,000
Share issued for conversion				100,000
Exercise price		$ 0.15
Mr. Blumberg [Member]
Common Stock, Issued				400,000
Mr. Blumberg [Member] | Series D Preferred Stock [Member]
Preferred stock dividends				52,795
Mr. Blumberg [Member] | Series F Preferred Stock [Member]
Preferred stock dividends				5,558
Share issued for conversion				25
Subsequent Event [Member] | Unaffiliated Third Party [Member]
Promissory note issued totaling	$ 200,000
Annual interest rate	12%
Monthly payments	$ 20,000
Debt maturity date	Oct. 10, 2025
Interest rate description	If not repaid by the maturity date, the unpaid balance of the note will accrue interest at a rate of 16.0% per annum
Common stock purchase warrants	667,667
Exercise price	$ 0.25
Subsequent Event [Member] | 47 [Member]
Distribution price			$ 1,351,250
Subsequent Event [Member] | 35 [Member]
Distribution price			$ 700,000
Subsequent Event [Member] | Shandong Yaohua Medical Instrument [Member]
Minimum purchase description			To meet demand for the remainder of 2024 and for the first half of 2025, SMI agreed to purchase a minimum of 500,000 RFID chips, at prices ranging between $1.00 and $1.40 per chip
Additional components payment			$ 400,000