| Schedule of Statement of Operations |
The
effect of the adjustment within the Company’s statement of operations for the six months ended June 30, 2024 is as follows:
| | |
Six
months ended June 30, 2024 | |
| | |
As
previously
reported | | |
Adjustment | | |
As
restated | |
| Change in fair value of SAFE agreements | |
$ | 424,721 | | |
$ | 13,037,989 | | |
$ | 13,462,710 | |
| Net loss | |
$ | 3,154,011 | | |
$ | 13,037,989 | | |
$ | 16,192,000 | |
| Net loss per share, basic and diluted | |
$ | 0.03 | | |
$ | 1.32 | | |
$ | 1.35 | |
The effect of the adjustment within
the Company’s statement of operations for the three months ended March 31, 2025 is as follows:
| | |
Three-months
ended March 31, 2025 | |
| | |
As
previously
reported | | |
Adjustment | | |
As
restated | |
| Revenue | |
$ | 352,498 | | |
| - | | |
$ | 352,498 | |
| Cost
of good sold | |
| 327,238 | | |
| (310,160 | ) | |
| 17,078 | |
| Gross profit | |
| 25,260 | | |
| 310,160 | | |
| 335,420 | |
| General and administrative expenses | |
| 748,513 | | |
| (130,782 | ) | |
$ | 617,731 | |
| Research and development expenses | |
| 484,482 | | |
| (90,618 | ) | |
| 393,864 | |
| Sales and marketing | |
| 528,526 | | |
| 154,223 | | |
| 682,749 | |
| Acquisition and integration | |
| - | | |
| 377,337 | | |
| 377,337 | |
| Total
operating expenses | |
| 1,761,521 | | |
| 310,160 | | |
| 2,071,681 | |
| Loss
from operations | |
$ | (1,736,261 | ) | |
| - | | |
$ | (1,736,261 | ) |
|
| Schedule of Statement of Shareholders’ Deficit |
The
effect of the adjustment within the Company’s statement of shareholders’ deficit for the six months ended June 30, 2024 is
as follows:
| | |
Six
months ended June 30, 2024 | |
| | |
As
previously
reported | | |
Adjustment | | |
As
restated | |
| Net loss | |
$ | 3,154,011 | | |
$ | 13,037,989 | | |
$ | 16,192,000 | |
| Accumulated deficit | |
$ | 6,349,844 | | |
$ | 13,037,989 | | |
$ | 19,387,833 | |
| Total shareholders’ deficit | |
$ | 5,935,041 | | |
$ | 13,037,989 | | |
$ | 18,973,030 | |
|
| Schedule of Statement of Cash Flow |
The
effect of the adjustment within the Company’s statement of cash flow for the six months ended June 30, 2024 is as follows:
| | |
Six-months
ended June 30, 2024 | |
| | |
As
previously
reported | | |
Adjustment | | |
As
restated | |
| Net loss | |
$ | 3,154,011 | | |
$ | 13,037,989 | | |
$ | 16,192,000 | |
| Change in fair value of SAFE agreements | |
$ | 424,721 | | |
$ | 13,037,989 | | |
$ | 13,462,710 | |
|