| SCHEDULE OF NET SALES BYE REGION |
The
following table presents our net sales by region for the period presented:
SCHEDULE
OF NET SALES BYE REGION
| | |
June 30, 2025 | | |
June
30, 2024 |
|
|
June 30, 2025 |
|
June 30, 2024 |
| | |
Three Months Ended |
|
|
Six Months Ended |
| | |
June 30, 2025 | | |
June
30, 2024 |
|
|
June 30, 2025 |
|
June 30, 2024 |
| Region | |
Revenue | | |
Revenue |
|
|
Revenue |
|
Revenue |
| United States | |
$ | 1,689,000 | | |
$ | 489,000 |
|
|
$ |
2,705,000 |
|
|
$ |
756,000 | |
| Canada | |
| 18,000 | | |
| 11,000 |
|
|
|
34,000 |
|
|
|
16,000 | |
| All other regions | |
| 361,000 | | |
| 313,000 |
|
|
|
539,000 |
|
|
|
391,000 | |
| Net Sales | |
$ | 2,068,000 | | |
$ | 813,000 |
|
|
$ |
3,278,000 |
|
|
$ |
1,163,000 | |
|
| SCHEDULE OF EXPENSES AS NOTED ON FACE OF CONSOLIDATED STATEMENTS OF OPERATIONS |
SCHEDULE
OF EXPENSES AS NOTED ON FACE OF CONSOLIDATED STATEMENTS OF OPERATIONS
| | |
June 30, 2025 | | |
June 30, 2024 | |
|
June
30, 2025 |
|
|
June
30, 2024 |
|
| | |
Three
Months Ended | |
|
Six
Months Ended |
| | |
June 30, 2025 | | |
June 30, 2024 | |
|
June
30, 2025 |
|
|
June
30, 2024 |
|
| | |
Revenue | | |
Revenue | |
|
Revenue |
|
|
Revenue |
|
| Net
sales | |
$ | 2,068,000 | | |
$ | 813,000 | |
|
$ |
3,278,000 |
|
|
$ |
1,163,000 |
|
| Cost
of sales | |
| 669,000 | | |
| 324,000 | |
|
|
1,027,000 |
|
|
|
468,000 |
|
| Gross
profit | |
| 1,399,000 | | |
| 489,000 | |
|
|
2,251,000 |
|
|
|
695,000 |
|
| | |
| | | |
| | |
|
|
|
|
|
|
|
|
| Less: | |
| | | |
| | |
|
|
|
|
|
|
|
|
| Employee
compensation and benefits | |
| 218,000 | | |
| 320,000 | |
|
|
477,000 |
|
|
|
617,000 |
|
| Stock-based
compensation expense | |
| 42,000 | | |
| 85,000 | |
|
|
94,000 |
|
|
|
184,000 |
|
| Sales
and marketing expense | |
| 1,809,000 | | |
| 767,000 | |
|
|
3,106,000 |
|
|
|
1,211,000 |
|
| Other
operating expenses | |
| 837,000 | | |
| 519,000 | |
|
|
2,052,000 |
|
|
|
1,140,000 |
|
| Total
operating expenses | |
| 2,906,000 | | |
| 1,691,000 | |
|
|
5,729,000 |
|
|
|
3,152,000 |
|
| Loss
from operations | |
$ | (1,507,000 | ) | |
$ | (1,202,000 | ) |
|
$ |
(3,478,000 |
) |
|
$ |
(2,457,000 |
) |
|