v3.25.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2025
Segment Information [Abstract]  
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