Schedule of segment operating loss to net loss |
Schedule of segment operating loss to net loss | |
| | |
| |
| |
Three Months ended March 31 |
| |
2025 | |
2024 |
Revenues | |
| |
|
Licenses, royalties and fees | |
$ | 190,300 | | |
$ | 86,500 | |
Product and other sales | |
| 288,700 | | |
| 311,800 | |
Total revenues | |
| 479,000 | | |
| 398,300 | |
Cost of revenues | |
| | | |
| | |
Licenses, royalties and fees | |
| 43,500 | | |
| 51,800 | |
Product and other sales | |
| 161,800 | | |
| 180,900 | |
Total cost of revenues | |
| 205,300 | | |
| 232,700 | |
Gross profit | |
| 273,700 | | |
| 165,600 | |
| |
| | | |
| | |
Operating expenses | |
| | | |
| | |
Research and development | |
| 45,000 | | |
| 41,400 | |
Sales and marketing | |
| 91,000 | | |
| 69,000 | |
General and administrative | |
| 223,500 | | |
| 1,214,800 | |
Total operating expenses | |
| 359,500 | | |
| 1,325,200 | |
Net loss from operations | |
| (85,800 | ) | |
| (1,159,600 | ) |
| |
| | | |
| | |
Other income (expenses) | |
| | | |
| | |
Interest income | |
| 117,200 | | |
| 137,100 | |
Interest expense and bank charges | |
| (5,900 | ) | |
| (5,700 | ) |
Total other income (expenses) | |
| 111,300 | | |
| 131,400 | |
Net income (loss) before income taxes | |
| | |
| ) |
Income taxes | |
| — | | |
| — | |
Net income (loss) | |
$ | 25,500 | | |
$ | (1,028,200 | ) |
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