Purpose of Circuit: Each square wave V source is actually a magnet turned above a coil so that it's polarity switches with each half turn. Delay between 1st and 2nd magnet is 50% and second magnet reversed polarity to first magnet to keep lamp on with no flash (I assume this would be done by placing magnets on opposite end of circumference of rotor shaft, reversed poles). The coils in this circuit (app) are redundant since in the actual circuit the voltage/current would come off of them, but app only has V sources, not magnet/coil combo to create V source.
The motor (included but not connected here) runs a small cylindrical shaft to which magnets (V1 and V2 ) are connected with the coils directly under them with only magnetic flux (not wire and resistors) connecting them.
I really wasn't sure how else to conceptualize this with this app since it is basically a generator using induced voltage from magnets reversing over the top of coils. The motor could be replaced with a hand crank, wind or water turbine etc to supply rotation to the shaft.