Schedule of Segment Information |
| |
During the Three-Month
Period Ended June 30, 2025 | |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Product sales | |
$ | 6,398,517 | | |
$ | 46,363 | | |
$ | — | | |
$ | 6,444,880 | |
Costs of goods sold | |
| 3,589,893 | | |
| 37,063 | | |
| — | | |
| 3,626,956 | |
Gross margin | |
| 2,808,624 | | |
| 9,300 | | |
| — | | |
| 2,817,924 | |
| |
| | | |
| | | |
| | | |
| | |
Product development expenses | |
| 93,011 | | |
| 710,745 | | |
| 28,102 | | |
| 831,858 | |
Sales and marketing expenses | |
| 634,846 | | |
| 61,240 | | |
| — | | |
| 696,086 | |
Administrative expenses | |
| — | | |
| — | | |
| 720,418 | | |
| 720,418 | |
Operating expenses | |
| 727,857 | | |
| 771,985 | | |
| 748,520 | | |
| 2,248,362 | |
| |
| | | |
| | | |
| | | |
| | |
NET OPERATING INCOME (LOSS) | |
$ | 2,080,767 | | |
$ | (762,685 | ) | |
$ | (748,520 | ) | |
$ | 569,562 | |
| |
During
the Three-Month
Period Ended June 30, 2024 | |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Product sales | |
$ | 5,430,069 | | |
$ | 42,821 | | |
$ | — | | |
$ | 5,472,890 | |
Costs of goods sold | |
| 4,198,849 | | |
| 43,555 | | |
| — | | |
| 4,242,404 | |
Gross margin | |
| 1,231,220 | | |
| (734 | ) | |
| — | | |
| 1,230,486 | |
| |
| | | |
| | | |
| | | |
| | |
Product development expenses | |
| 65,598 | | |
| 928,531 | | |
| 36,373 | | |
| 1,030,502 | |
Sales and marketing expenses | |
| 855,513 | | |
| 129,444 | | |
| — | | |
| 984,957 | |
Administrative expenses | |
| — | | |
| — | | |
| 601,634 | | |
| 601,634 | |
Operating expenses | |
| 921,111 | | |
| 1,057,975 | | |
| 638,007 | | |
| 2,617,093 | |
| |
| | | |
| | | |
| | | |
| | |
NET OPERATING INCOME (LOSS) | |
$ | 310,109 | | |
$ | (1,058,709 | ) | |
$ | (638,007 | ) | |
$ | (1,386,607 | ) |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Total Assets as of June 30, 2025 | |
$ | 24,612,357 | | |
$ | 15,924,755 | | |
$ | 6,183,786 | | |
$ | 46,720,898 | |
Total Assets as of June 30, 2024 | |
$ | 23,240,545 | | |
$ | 17,107,377 | | |
$ | 1,507,536 | | |
$ | 41,855,458 | |
Depreciation and amortization expense during the three-month period ended June 30, 2025 | |
$ | 345,512 | | |
$ | 314,175 | | |
$ | 19,350 | | |
$ | 679,037 | |
Depreciation and amortization expense during the three-month period ended June 30, 2024 | |
$ | 342,362 | | |
$ | 319,727 | | |
$ | 19,676 | | |
$ | 681,765 | |
Capital Expenditures during the three-month period ended June 30, 2025 | |
$ | 151,808 | | |
$ | 1,079 | | |
$ | 2,271 | | |
$ | 155,158 | |
Capital Expenditures during the three month period ended June 30, 2024 | |
$ | 93,338 | | |
$ | 17,403 | | |
$ | — | | |
$ | 110,741 | |
| |
During the Six-Month
Period Ended June 30, 2025 | |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Product sales | |
$ | 14,427,003 | | |
$ | 85,051 | | |
$ | — | | |
$ | 14,512,054 | |
Costs of goods sold | |
| 8,264,436 | | |
| 75,722 | | |
| — | | |
| 8,340,158 | |
Gross margin | |
| 6,162,567 | | |
| 9,329 | | |
| — | | |
| 6,171,896 | |
| |
| | | |
| | | |
| | | |
| | |
Product development expenses | |
| 186,496 | | |
| 1,339,657 | | |
| 62,552 | | |
| 1,588,705 | |
Sales and marketing expenses | |
| 1,421,983 | | |
| 130,761 | | |
| — | | |
| 1,552,744 | |
Administrative expenses | |
| — | | |
| — | | |
| 1,343,260 | | |
| 1,343,260 | |
Operating expenses | |
| 1,608,479 | | |
| 1,470,418 | | |
| 1,405,812 | | |
| 4,484,709 | |
| |
| | | |
| | | |
| | | |
| | |
NET OPERATING INCOME (LOSS) | |
$ | 4,554,088 | | |
$ | (1,461,089 | ) | |
$ | (1,405,812 | ) | |
$ | 1,687,187 | |
| |
During
the Six-Month
Period Ended June 30, 2024 | |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Product sales | |
$ | 12,650,710 | | |
$ | 79,757 | | |
$ | — | | |
$ | 12,730,467 | |
Costs of goods sold | |
| 9,122,397 | | |
| 82,225 | | |
| — | | |
| 9,204,622 | |
Gross margin | |
| 3,528,313 | | |
| (2,468 | ) | |
| — | | |
| 3,525,845 | |
| |
| | | |
| | | |
| | | |
| | |
Product development expenses | |
| 95,093 | | |
| 2,131,473 | | |
| 66,487 | | |
| 2,293,053 | |
Sales and marketing expenses | |
| 1,525,252 | | |
| 260,628 | | |
| — | | |
| 1,785,880 | |
Administrative expenses | |
| — | | |
| — | | |
| 1,133,572 | | |
| 1,133,572 | |
Operating expenses | |
| 1,620,345 | | |
| 2,392,101 | | |
| 1,200,059 | | |
| 5,212,505 | |
| |
| | | |
| | | |
| | | |
| | |
NET OPERATING INCOME (LOSS) | |
$ | 1,907,968 | | |
$ | (2,394,569 | ) | |
$ | (1,200,059 | ) | |
$ | (1,686,660 | ) |
| |
Scours | | |
Mastitis | | |
Other | | |
Total | |
Total Assets as of June 30, 2025 | |
$ | 24,612,357 | | |
$ | 15,924,755 | | |
$ | 6,183,786 | | |
$ | 46,720,898 | |
Total Assets as of June 30, 2024 | |
$ | 23,240,545 | | |
$ | 17,107,377 | | |
$ | 1,507,536 | | |
$ | 41,855,458 | |
Depreciation and amortization expense during the six-month period ended June 30, 2025 | |
$ | 698,034 | | |
$ | 628,834 | | |
$ | 38,942 | | |
$ | 1,365,810 | |
Depreciation and amortization expense during the six-month period ended June 30, 2024 | |
$ | 681,281 | | |
$ | 638,445 | | |
$ | 39,539 | | |
$ | 1,359,265 | |
Capital Expenditures during the six-month period ended June 30, 2025 | |
$ | 474,185 | | |
$ | 7,752 | | |
$ | 2,271 | | |
$ | 484,208 | |
Capital Expenditures during the six-month period ended June 30, 2024 | |
$ | 132,812 | | |
$ | 48,285 | | |
$ | — | | |
$ | 181,097 | |
|