The following table presents information about reported segment revenue, significant segment expenses, and segment net loss for the three and six months ended June 30, 2025 and 2024:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenue	$	3,659,414	$	1,714,035	$	6,457,829	$	3,076,198
Less:
Cost of revenue1	1,832,337		839,484		2,818,890		1,441,567
Research and development1	900,694		925,082		1,752,946		1,567,628
Selling, general and administrative1	1,969,362		2,169,541		3,970,703		7,865,752
Other (expense) income, net	(9,498)		187,394		8,739,955		208,325
Change in fair value of warrant liability	2,796,350		(213,942)		3,501,079		(190,819)
Change in fair value of derivative liability	—		(1,729,700)		(101,300)		(4,712,800)


Change in fair value of earnout liability	(210,000)		(310,000)		(160,000)		(2,920,000)
Interest expense, net	378,902		1,095,050		1,070,289		1,694,009
Income tax expense	2,782		—		2,782		—
Consolidated net loss	$	(4,001,515)	$	(1,248,874)	$	(15,137,515)	$	(1,877,464)

1Includes total salaries, bonuses, employee benefits and stock-based compensation of $1,766,695 and $1,366,003 for the three months ended June 30, 2025 and 2024, respectively. Total salaries, bonuses, employee benefits and stock-based compensation were $3,388,845 and $2,137,765 for the six months ended June 30, 2025 and 2024, respectively.